Consider a proper non-trivial subspace $M$ of a finite-dimensional normed space $X$. We can always find a basis $\mathcal B=\mathcal B_1 \cup \mathcal B_2$ for $X$ such that $\mathcal B_1$ is a basis for $M$.
However, I wonder whether or not we can find such a basis $\mathcal B$ in a way that the projection operator $P:X \to M$ defined by $$ P(u_1+u_2)=u_1,\ \mbox{for every } u_1\in spam(\mathcal B_1),\ u_2\in spam(\mathcal B_2), $$ satisfies $\|P\|\leq 1$.