**Your project's existing license.** If your project's existing license is compatible with the license you want to change to, you could just start using the new license. That's because if license A is compatible with license B, you'll comply with the terms of A while complying with the terms of B (but not necessarily vice versa). So if you're currently using a permissive license (e.g., MIT), you could change to a license with more conditions, so long as you retain a copy of the MIT license and any associated copyright notices (i.e., continue to comply with the MIT license's minimal conditions). But if your current license is not permissive (e.g., copyleft, or you don't have a license) and you aren't the sole copyright holder, you couldn't just change your project's license to MIT. Essentially, with a permissive license the project's copyright holders have given permission in advance to change licenses.
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