New PMP Question & Answers with explanation

Which of the following best describes the role of a product owner within an Agile team?
Select one
A project manager of a large manufacturing company is working on a new system that will reduce the bolt manufacturing process by 30 seconds, saving the company 2 percent in annual operating costs. This project will touch all departments and engage senior leadership. The project manager knows stakeholder engagement will be critical to success and spends time developing a strategy for engaging stakeholders. In what activity is the project manager involved?
Select one
Match the levels of stakeholder engagement with their descriptions.
Matching
Levels of Stakeholder Engagement
Name Description
Unaware
Stakeholders are not supportive of the project and may actively resist engaging.
Resistant
Stakeholders have positive expectations of the project and are supportive and engaged.
Neutral
Stakeholders are neutral, neither supporting nor resisting the project, and may be minimally engaged.
Supportive
Stakeholders are actively engaged in the project and helping to ensure its success.
Leading
Stakeholders are not engaged in the project.
Contract phases are closely related to the Project Procurement Management Knowledge Area processes. All of the following are true except for which one?
Select one
Which contract type can incorporate incentives for meeting or exceeding certain contract deliverables above a firm price for the goods or services rendered?
Select one