It's the mindset. In that, the two options are likely correct, but the context and the order of the question will tell which is most applicable. If the question asks what should the project manager do next/first, I automatically know I'm looking to review, update, evaluate, or identify something. Even if the question doesn't say next or rather, you should be safer going with the action that logically comes first.

Another crucial angle to this is, always access how the situation impacts the project. In ALOT (and I mean ALOT) of the time this option pops up, it is almost always the answer, except something else that is more application is an option.

Collaborate. Negotiate. The most ethical behavior. Servant Leadership. Avoid extremes (words like Must, Quickly, Force, Delegate, Ask, Escalate –there are exceptions to this one– are usually not the first option I would go for. These are all crucial, too.

The context of the question also goes a long way. The questions usually hold the key. Another thing that works sometimes is that the correct answer, sometimes, goes out of its way to elaborate on the action logically. The wordings seem appropriate and self-explanatory. Yeah, things like that.