Your question is Communicate Trade-offs Under Constraints. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
You are leading an engineering initiative with more requested work than the team can deliver in the available time. Different stakeholders want different outcomes, and you need to make sure the team stays aligned on what will be built now, what will be deferred, and why.
How do you communicate trade-offs when a project has limited time and resources?