New PMP Question & Answers with explanation

Sue leads a PMO that is in the process of shifting the organization from using predictive to more adaptive approaches to delivering project outcomes. While coaching one of her project managers on Agile practices, she explains that Agile teams focus on rapid product development. What reason is Sue likely to provide for carrying out this approach?
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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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