A platform team your program depends on has just told you their deliverable will land three weeks late, and it is on your critical path. How do you handle telling the VP the launch date has moved?
Establish the real new date before you talk to anyone, by re-running the critical path with the slip in it rather than adding three weeks to the end. Then present one recommended date with the two rejected options and what each would have cost. It also connects stakeholder communication to the point an interviewer is testing.