A project manager is assigned to a regulatory project for their country with a very tight deadline and no team assigned. A peer mentions a project with the same scope for another country was completed one year ago. What should the project manager do first?

The project manager should first review organizational process assets (OPAs) and perform analogous estimating because the information about a similar project completed previously is a valuable OPA. Analogous estimating uses historical data from a similar project to estimate the duration or cost of the current project, which is particularly useful when detailed information is limited, as is the case with no team assigned. This approach provides a quick, high-level estimate to begin planning. Registering a new risk is premature without an initial understanding of the project's scope and timeline. Requesting additional resources or performing a bottom-up estimate are later steps; a bottom-up estimate requires a detailed work breakdown structure and a team, which are not yet available.