It is very difficult to complete a quality project with a limited budget, but strengthening the following points will ease our budget: We should aim to work long-term with reliable suppliers whose quality we believe in. In this case, our mutual trust and flexibility with them will increase. It is a fact that we will receive better prices and solutions in the near future. If the quality of the products used is also good, we can achieve spot-on solutions. This way we avoid making multiple mistakes and reducing the budget even further.

You can't. Overly restrictive budgets for a solution suggest higher level mislaignment in the business. What is the problem you are trying to solve? What is the value if you solve it? Without a high degree of alignment from an organization on these two questions, the solution may need to be simpler, leaner and more manual. Nearly always, a well designed process that is significantly manual performs far better than a penny-wise robotic solution.

There is never a shortage of suppliers in the market. Try finding local suppliers offering components at a better price but ensure maintaining quality of the products. Try cost cutting by changing the design without giving up on functionality and product quality. Ask peers for reliable vendors/suppliers. Use weighted scoring while designing product with priority on cost and quality.

1. Team Meeting & Contingency Plan: ? Gather the team to discuss deliverable priorities and create a contingency plan. 2. Supplier Coordination: ? Engage with the supplier to resolve the issue. If under contract, review and update terms as needed. 3. Transparent Customer Communication: ? Update the customer on the situation honestly, providing realistic expectations. 4. Avoid False Promises: ? Don’t make commitments that can’t be met; focus on what’s feasible. 5. Maintain Professionalism: ? Stay calm, avoid blaming, and work together to find solutions.