New PMP Question & Answers with explanation

You are a business development manager at a mid-sized automobile manufacturing company. Recently, you were given a project to assess the feasibility of manufacturing light-duty trucks in a Southeast Asian country. To develop a cost estimate, you visit the country with a team of experts to analyze local resources such as power, labor, and real estate. After the visit, you discuss the findings with an automobile manufacturing consultant. The consultant notes that the local laws and government bureaucracy typically make foreign investors spend more than a year obtaining all necessary permits. To avoid these delays, the consultant advises giving a small amount of company stock to the son of the country’s president. In return, the president’s son will personally expedite the issuing of all required permits. What should you do?
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You are two days late on reporting the status for a project you are managing. The status report indicates that the project is lagging behind schedule. During the current week, you are confident of making up some of the lost time. How should you report project status?
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The Code of Ethics and Professional Conduct has as its foundation four values identified by practitioners from the global project management community. They are:
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Which of the following are more important inputs to the Manage Stakeholder Engagement process in relation to the others?
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Which of the following allows a project management team to communicate all approved and rejected changes to the stakeholders consistently?
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