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New PMP Question & Answers with explanation

If earned value = 500, planned value = 700, and actual costs = 450, what is the cost variance?
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Which of the following methods should you use when you want to improve your estimates and account for risk and estimation uncertainty?
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Which of the following best describes individual project risk?
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What do functional requirements describe?
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A project manager learns of a recent issue that has been identified while running cable underground. The issue is deemed to be minor, so the project manager emails the project sponsor to ensure she is kept informed of all activities, as requested. What type of communication method did the project manager use?
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