I have worked on a project for 8 months and am due to submit it in a month. Recently I found a paper (by a professor from a different university) which is very similar to mine and even goes a step ahead. I missed this paper completely and now I am afraid to talk my advisor, though I know I have to.
This was my first paper as I am just completing my MS and will start my PhD in fall. I was pretty excited about it. Now I just want to cry and die. How do I tackle this now?