Which best describes the process of engaging stakeholders to address financial shortages?

A. Analyze the project budget and look for ways to optimize expenses and resources while maintaining project quality.
B. Communicate with those who have an interest in the project and seek their input to find creative solutions to the problem.
C. Determine the most critical aspects of the project and reallocate funds accordingly, focusing on what will most impact the project's success.
D. Engage in open and honest communication with suppliers, contractors, and stakeholders to explore better terms or lower prices.



Answer :

Final answer:

Engaging stakeholders to address financial shortages involves budget analysis, stakeholder communication, and open communication with suppliers and contractors.


Explanation:

Engaging stakeholders to address financial shortages involves analyzing the project budget to optimize expenses and resources while maintaining quality, communicating with stakeholders to seek input for creative solutions, and engaging in open and honest communication with suppliers and contractors to explore better terms or prices.


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