A key stakeholder is refusing to approve the project charter because they believe the project's objectives do not align with the new corporate strategy released yesterday. What should the project manager do FIRST?

Escalate the issue to the project sponsor to override the stakeholder.

Review the new corporate strategy and map the project objectives to it to verify alignment or gaps.

Update the project charter immediately to reflect the new strategy.

Schedule a meeting with the stakeholder to explain why the current objectives are valid.