Imagine your team is faced with an unexpected budget cut just weeks before the product launch. How would you adjust the roadmap while ensuring critical features are delivered? Describe the process you’d take to communicate changes to stakeholders.

I would first convene a cross-functional team meeting to assess the impact of the budget cut on our current roadmap. This ensures that we consider multiple perspectives. Then, I would employ a prioritization framework such as RICE (Reach, Impact, Confidence, Effort) to evaluate all features. We would focus on preserving features that deliver the highest ROI for users while being feasible within the budget constraints. Next, I would create a revised delivery timeline that clearly states which features can still be delivered on time and which might need to be deferred. For communication, I would prepare a transparent presentation for stakeholders outlining the reasons for the budget cuts, our prioritization methodology, and how we plan to mitigate risks while still delivering value. Regular updates would be scheduled to maintain transparency and trust.