New PMP Question & Answers with explanation

You are responsible for developing high-level risks, assumptions, and constraints for your project. You meet with experts in your organization and document various risks in the project. However, in reviewing historical data from a previous project, you notice a significant additional risk to your project, one that no one else is aware of. What should you do to continue the project?
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In a software development project, Debby, the project manager, completed development of a charter and identification of stakeholders. Debby has collected proprietary information from vendors during the planning process. What should Debby do when a functional manager from the same organization wants to see this information?
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Danny is working as a project manager for a company that provides outsourcing services to banks. Recently, he sent a proposal to a local bank in response to a bid for a data warehouse project for which his company lacks expertise. Although his company lacks expertise, it has had a good working relationship with the bank in all its other projects. Which of the following statements is correct considering the proposal Danny submitted?
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You have recently started working as a project manager for a health insurance portal development project. The project sponsor tells you that due to the critical nature of the project, the work must start immediately and complete in two weeks. Based on the instructions, you have started documenting significant constraints and assumptions to perform the project feasibility study. What should you do if you can prepare only the high-level feasibility study in the given time frame?
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You have recently started working as a project manager for a public school construction project. Your analysis shows that the cost estimate for the project seems to be unreasonable, and it could take at least 25 percent more funding to complete the project. What should you do if your sponsor wants to undertake the project with another project manager in case you refuse to accept it?
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