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But seriously though having the time cut in half can put a lot of stress on the members of the project. To ensure we still succeed I'd first make sure we all know our key objectives and the most impactful tasks so that we delivery at least the bare minimum. Any non-essential tasks would need to be cut to use our resources as efficiently as possible.
To quote one of my favorite TV shows (SWAT): "Stay liquid". It basically means to stay flexible and adapt to whatever my come your way.