How would you navigate a situation where a vendor misses critical deadlines?
When a vendor misses a deadline, it can send ripples through your project's timeline and budget. Navigating this challenge requires a blend of strategic communication, project management skills, and sometimes, tough decision-making. As someone responsible for vendor management, your role is to mitigate the impact on your project while maintaining a constructive relationship with the vendor. Understanding how to handle missed deadlines effectively is crucial, as it can preserve the integrity of your project and the partnership.