PMP Exam Simulator

Jason is the project manager for an ongoing year-long project that must be completed. He just heard that his company is starting a new project which has a greater starting value and will likely have a higher priority than Jason's project. The new project will begin in 5 months and is valued at $3,000,000. Jason is concerned that his resources might be affected. His is thinking of how to manage his project so that both projects could be implemented successfully. What is the first thing for Jason to do after hearing about new project?