PMP Practice: Measure Compliance Extent

Mei-Ling Zhao is managing a pharmaceutical equipment manufacturing project for Silver Badger Consulting. During a routine audit, the compliance team discovers that the project's documentation for equipment validation testing does not meet the recently updated FDA requirements that took effect two months ago. The project is currently in the executing phase, with 40% of validation testing already completed using the old documentation templates. The project sponsor emphasizes that the product launch date cannot slip due to contractual commitments with three hospital systems. The compliance officer has flagged this as a critical issue requiring immediate resolution. What should Mei-Ling do FIRST?