The Reforge team has a long post on How To Master the Art of Managing Up. I find this aspect especially important:

Those who have mastered managing up will package problems in a way that takes their managers’ constraints into account,  including time, lack of resources, or competing priorities. 

Your approach to packaging and communicating difficult situations can make the difference between managing up effectively and just causing more chaos for your manager.

They go on to provide some very good, practical tips for how to package problems effectively.