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My first project we were 15% through a 26 million dollar project and there were 25 other projects on my list. This big project was above budget and the schedule was failing. The thing I did was lay everything out in the open list what is wrong and ideally what can fix it or an idea and make sure your higher ups know. Maybe they might look at it and go oh do this and this or at least if they turn on you you can then go back and say I pointed out all these risks back then and nobody said anything when it could have helped