When a new sponsor joins a project, it is crucial for the project manager to perform a stakeholder analysis to understand the new sponsor's expectations, influence, and level of engagement. This process helps in aligning the project objectives with the new sponsor's vision and ensures that the project artifacts are in line with their expectations. It also aids in establishing communication and building trust with the new sponsor, which is essential for the project's success1. References: = Stakeholder Analysis: Pivotal Practice to Project Success | PMI1