EBTM 343 Project Management Midterm Exam – Official Academic Board of Business and Technology – 2026/2027 Academic Year – Verified Questions and Answers for Undergraduate Business and Technology Management Students

EBTM 343 Project Management Midterm Exam – Official Academic Board
of Business and Technology – 2026/2027 Academic Year – Verified
Questions and Answers for Undergraduate Business and Technology
Management Students

Question 1
Which of the following best defines a project?

 A. A repetitive process performed to sustain daily business operations
 B. A temporary endeavor undertaken to create a unique product, service, or result
 C. A permanent department within an organization
 D. A routine task performed by the same team every month

Correct Answer: B
Rationale: A project is defined by its temporary nature and the creation of a unique
outcome. Choices A, C, and D describe ongoing operational work, which lacks the
defined start and end that characterizes a project.




Question 2
Which characteristic distinguishes a project from routine organizational operations?

 A. It uses permanent staff exclusively
 B. It has a definite beginning and end
 C. It repeats the same output indefinitely
 D. It requires no budget

,Correct Answer: B
Rationale: Projects are temporary by definition, meaning they have a clear start and
finish. Operations, by contrast, are ongoing and repetitive.




Question 3
A company builds the same product on an assembly line every day using the same
process. This activity is best classified as:

 A. A project
 B. A program
 C. Operations
 D. A portfolio

Correct Answer: C
Rationale: Ongoing, repetitive work that sustains the business is operations, not a
project. Projects are temporary and produce unique results.




Question 4
The "triple constraint" in project management traditionally refers to which three
elements?

 A. People, process, technology
 B. Scope, time, and cost
 C. Risk, quality, and communication
 D. Strategy, governance, and portfolio

,Correct Answer: B
Rationale: The triple constraint describes the interdependent relationship between
scope, time, and cost, where a change in one typically affects the others.




Question 5
The concept of the "triple bottom line" in project management emphasizes which three
dimensions of success?

 A. Time, cost, and quality
 B. People, planet, and profit
 C. Scope, risk, and communication
 D. Leadership, teamwork, and governance

Correct Answer: B
Rationale: The triple bottom line extends traditional success measures beyond financial
profit to include social (people) and environmental (planet) impacts.




Question 6
Which of the following is an example of a project rather than operations?

 A. Processing weekly payroll
 B. Implementing a new enterprise software system
 C. Restocking store shelves nightly
 D. Answering routine customer service calls

Correct Answer: B
Rationale: Implementing a new system is a temporary, unique undertaking with a

, defined end point, making it a project. The other choices are recurring operational
activities.




Question 7
What is the primary goal of project management?

 A. To write detailed documentation
 B. To meet the project's objectives and satisfy stakeholders
 C. To use the most advanced technology available
 D. To ensure the project team works overtime

Correct Answer: B
Rationale: The core definition of project management is the application of knowledge,
skills, tools, and techniques to project activities to meet project requirements and
achieve stakeholder satisfaction.




Question 8
Which of the following is NOT a key constraint in the "Triple Constraint" model?

 A. Scope
 B. Cost
 C. Quality
 D. Time

Correct Answer: C
Rationale: The traditional Triple Constraint (or "Iron Triangle") consists of Scope, Time,