New PMP Question & Answers with explanation

You are in the Validate Scope process of your electronic goods manufacturing project. While reviewing some products, you have noticed that the tolerance for one product is 0.01 percent less than what was listed in the requirements documentation. This deviation may not be a problem for the customers, and it may not impair the product’s operation. What is your best immediate action in such a situation?
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Nancy can bid on two projects. Project A has a 50 percent return on investment while Project B has a 20 percent return on investment. Project A’s scope of work is complex, and Nancy’s organization does not have the necessary skills and experience to do this project. However, Project B’s scope of work falls within the strengths of Nancy’s organization. Which project must Nancy bid on?
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Lucy has to brief her key project stakeholders on the recent approved changes to the project scope. Which of the following project documents will provide essential input to Lucy for preparing her presentation?
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The Project Charter defines the high level scope and objectives of a project. Which of the following is not a correct statement about inputs to the Project Charter?
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In an underground highway construction project, the project stakeholders have suggested many changes to the project scope. You had already defined the cost baseline in your project, and you would like to revisit the baseline to see how these changes might affect the overall cost of the project. You start an impact analysis to determine the impact and inform the concerned stakeholders of all approved changes and the corresponding costs. You perform these activities in which process?
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