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Best answer and why?

edited August 2012 in PM Certifications

Guys, I saw a question on a website and was confused with the answer. Modified version of the question and choices are:

A manufactures home appliances. It is introducing a new product line of appliances in designer colors with distinctive features for home in small spaces. These new products will be offered indefinitely starting with the Q1 of next year catalog. To determine the characteristics and features of the new product line, project manager will have to perform which of the following?
Choice : Planning product ,Consulting with the stakeholders,Planning the project life cycle,Progressive elaboration

What should be the correct answer??

Thanks
SK

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