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Longman Dictionary of Contemporary English
balancing act
noun
EXAMPLES FROM CORPUS
▪ But it's a crucial balancing act where you have to prioritise on a daily basis.
▪ It was a tricky little balancing act.
▪ Neither half of that balancing act has yet met with success.
▪ Now that balancing act has become more precarious than ever.
▪ Richard was engaged on what must often have appeared to him to be a bewildering balancing act.
▪ The question now facing voters is which approach is likely to achieve the best balancing act.
▪ Using political power to reduce market inequalities requires a high-wire balancing act.
Wiktionary
balancing act

n. 1 (context entertainment English) A performance that involves balancing things precariously and suspensefully. 2 (context idiomatic English) An effort to manage many conflicting or competing items or interests.

Wikipedia
Balancing Act

Balancing Act is a 2012 Italian-French drama film directed by Ivano De Matteo. It premiered at the 69th Venice International Film Festival, in which Valerio Mastandrea won the Pasinetti Award. For his performance Mastandrea was also awarded David di Donatello for Best Actor.