New PMP Question & Answers with explanation

During a project's execution phase, a regulatory law is approved that mandates immediate compliance. This law will impact the project's scope, schedule, and cost. What should the project manager do first?
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High failure rates are found in the production line during product manufacture. The project deadline is tight, and the cost of pending production is high. The engineers have determined the root causes of the problem and the project team has identified the best solution. However, this solution will require an increase in the budget. What should the project manager do?
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A team member informs the project manager that there is a variance between actual and planned system speed. The project manager is surprised, because this performance measurement was not identified during the planning phase of the project. The project manager then evaluates whether the variance requires a response. During the evaluation, in which phase is the project manager?
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A project is 45 percent complete when a project manager learns that an outsourced key resource will be unavailable for an extended period of time. This will have a serious impact on the project's schedule and budget. What should the project manager do?
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A project is in its execution phase. Due to a new regulation, the client asks for additional documentation to be delivered within the contract. What should the project manager do?
Select one