How to set the Display aspect ratio to 16:9 explicitly when using a VGA adaptor Background

I was presenting at a venue where the projector supports 1280x720px resolution (16:9) via VGA cable (I've previously used the same room and equipment on an older 2011 MacBook Pro running Mavericks).

Yesterday I used a newer 2014 MacBook Pro Retina running Yosemite, and was unable to set this resolution - the closest I could choose was 1280x1024px.

When the MacBook is mirroring to a projector via VGA cable, the > System Preferences  > Displays panel looks something like this:


In my case the only options were 1280x1024px and 800x600px (this image is from the web - I didn't get a screenshot at the time).

My question

Is there anywhere, other than the > System Preferences > Displays dialog, where you can explicitly set/force the output resolution?

My only options were 1280x1024 or 800x600, yet I'm positive the projector supported 16:9 since I've used it before.
In the monitor/display settings just press the Option key when selecting the "scaled" option. Then additional resolution options will show up.