The project manager of a multinational software development project notices significant changes in data protection regulations in the European Union. Which of the following actions should the project manager take first to ensure that the project scope and backlog reflect these changes?
Inform all stakeholders about potential impacts without reviewing the changes.
Pause all project activities until the implications of the new regulations are clearer.
Review the changes in the data protection regulations to understand the specifics and their implications on the project.
Hire a legal consultant to handle any adjustments needed without reviewing the regulations personally.