Hey!
This time last year, we were still doing Social and Cultural Continuity and Change because our teacher put a lot of emphasis on our PIPs. We spent the entire first term (as in the first term of Year 12/fourth term following preliminary) working on our PIPs. Term 2 was on the core topic and we had an in class task at the end of the term (wasn't an official half yearly exam). Term three was mainly our first depth study (Social Conformity and Non-conformity). Since we didn't have time to squeeze in our second depth study (Belief Systems and Ideologies) so for our trial exam, we only did the core topic and two sets of Social Conformity and Non-conformity questions. We didn't have an assessment task for Belief Systems and didn't even finish the topic on time (had to teach myself the topic during the weeks leading up to the HSC)
TL;DR: It's completely normal to still be studying your first topic at this point
Your teacher will definitely dedicate a lot of time for your PIP during this term.