A junior project manager approaches a senior project manager for guidance on handling a complex stakeholder situation involving conflicting priorities between two business units and regulatory compliance requirements. The junior PM seems overwhelmed and unsure how to proceed. What should the senior project manager do FIRST as a mentor?

Listen carefully to understand the situation and ask probing questions to help the junior PM analyze the stakeholder dynamics and compliance requirements

Provide specific step-by-step instructions on how to handle the stakeholder conflict and compliance issues

Take over the stakeholder situation to ensure it's handled properly given the complexity and compliance requirements

Refer the junior PM to training resources on stakeholder management and regulatory compliance