You have been tasked to manage expansion into a completely new market. What are your first steps?

"First, I would find out the budget for this expansion and its target launch date. Then, I will look for any precedents -- any previous projects that may have similar milestones. This will also help me make better decisions based on the project outcomes. If none, I can start from scratch by identifying and meeting with the main stakeholders and build the project scope from there. With each milestone I identify, I will aim to present estimated costs and turnaround times at the onset."