New PMP Question & Answers with explanation

The management of a retail business unit has just assigned Mario to compare multiple projects and select the best project that will produce the most value for the unit. Although Mario has worked as a project manager for a long time, he has only a limited understanding of project selection methods. What should be the first course of action from Mario in this scenario?
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In an IT project, after several brainstorming sessions with customers, Kurt established various project deliverables. Two weeks later, while reviewing the plan, Kurt identifies two similar deliverables and decides to merge them into a single deliverable. What should Kurt do next?
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You are using parametric estimating techniques to estimate costs for each activity and the total budget in your project. However, a project manager colleague tells you to bump up each estimate by 20 percent to account for any unknown risks, and then submit that as a total budget to the customers. What should you do?
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During a three-year construction project, due to a shortage of resources, a project manager has decided to develop a partial work breakdown structure (WBS) in the beginning of the planning phase. The WBS will be expanded as more information becomes known in the near term. What should the project manager do if a key resource criticizes his or her decision to develop the partial WBS?
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You have started a project to establish a railroad between two neighboring cities. The state agency that sponsors this project is heavily committed to completing this project on time and within budget. In support of the agency's commitment, you have completed the charter and started identifying stakeholders who would support the project. You would like to gather as many stakeholders as possible and move on to the planning phase. What should a project manager do while identifying stakeholders in a project?
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