Pareto law: select 20 % of thing that can boost maximum effect. Be Clear. Communicate with stakeholder and help them to priorities their requirement. the big question is what should be selected in minimal manner things to maximize the profit.

1- Gain stakeholder trust right from the start 2- Clearly communicate the project scope to stakeholders 3- Be consistent in your communications and messaging 4- Meet with stakeholders who are resistant to change 5- be transparent with the stakeholders and Don’t avoid problems

Maintain positive stakeholder relationships in budget-constrained projects by communicating transparently, aligning with their priorities, and managing resources creatively. This approach builds trust through accountability, adaptability, and respect

La comunicación continua, abierta y sincera con los stakeholders del proyecto es parte fundamental de la gestión del mismo. Las limitaciones presupuestarias son frecuentes por los continuos cambios en los mercados y los entornos cambiantes en los que navegan las organizaciones (ambiente VUCA). El informar oportunamente acerca de estas limitaciones y explicar adecuadamente la razón de las mismas es la mejor manera de mantener tranquilos y confiados a los involucrados. Por otra parte, en base a la triple restricción, si el presupuesto designado para un proyecto cambia, necesariamente tendrá que cambiar el alcance y/o el tiempo involucrado en el mismo. Ojo, porque esto no nos exime de la continua necesidad y responsabilidad de buscar ahorros.

Transparency is the foundation of stakeholder trust during budgetary challenges. By openly discussing financial limits and actively involving stakeholders in generating cost-effective options, we turn potential conflicts into opportunities for innovation. Early engagement and good communication transform budget constraints into collaborative problem-solving efforts, ultimately enhancing working relationships.