Facing budget cuts in corporate real estate can be challenging, especially when trying to keep stakeholders on board. Here are some strategies to maintain their support:

• Transparent communication: Clearly explain the reasons for the cuts and how they will impact the project.

• Reevaluate priorities: Identify and focus on the most critical aspects of the project to maximize value.

• Involve stakeholders in decision-making: Engage them in discussions to find mutually agreeable solutions.

How have you managed stakeholder expectations during budget cuts?