How do you manage competing priorities when working on a team project?

Example of a good response to this question: When working on a team project, I prioritize tasks based on importance and urgency, then break them down into manageable chunks. I communicate regularly with my team to ensure everyone is aware of our progress and timeline, and that everyone is on the same page. If I am facing a conflict in priorities, then I will work with the team to reach a consensus on which task to prioritize and how to allocate resources. Finally, I follow up regularly to ensure that tasks are being completed in a timely manner.