EBTM 343 PROJECT MANAGEMENT MIDTERM
EXAM – OFFICIAL ACADEMIC BOARD OF BUSINESS
AND TECHNOLOGY COMPLETE Q&As WITH
VERIFIED ANSWERS (GRADE A+)
1. Which of the following best defines a project?
A. An ongoing process that produces repetitive results
B. A temporary endeavor undertaken to create a unique product, service, or
result
C. A continuous operational activity with no defined end
D. A routine task performed daily by an organization
Answer: B
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
Answer: B
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
Answer: C
4. The "triple constraint" in project management traditionally refers to
which three elements?
A. Quality, risk, and scope
B. Scope, time, and cost
,C. Schedule, quality, and resources
D. Time, cost, and quality
Answer: B
5. Which of the following is an example of a project rather than
operations?
A. Daily sales data entry
B. Monthly payroll processing
C. Writing a term paper
D. Routine building maintenance
Answer: C
6. What is project management?
A. The ability to complete a task within a given amount of time
B. The ability to complete a task within a given budget
C. The ability to manage a temporary endeavor to create a unique product or
service, on time and within budget
D. The ability to administer a series of chronological tasks within a given
amount of time and under budget
Answer: C
7. 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, schedule, and budget
D. Risk, resources, and results
Answer: B
8. Which of the following is NOT a major characteristic of a project?
A. Has an established objective
B. Has a defined life span with a beginning and an end
C. Produces the same output repeatedly
D. Has specific time, cost, and performance requirements
Answer: C
,9. The difference between a project and regular operations is that:
A. Operations create unique products
B. Projects are finite with defined start and end
C. Operations have specific time requirements
D. Projects are ongoing and repetitive
Answer: B
10. Which of the following is a program?
A. A single project with a unique deliverable
B. A group of related projects designed to accomplish a common goal
C. A collection of unrelated operational activities
D. A routine business process
Answer: B
11. According to the Project Management Institute (PMI), a project is:
A. A permanent organizational function
B. A temporary endeavor undertaken to create a unique product, service, or
result
C. An ongoing operational process
D. A repetitive business activity
Answer: B
12. Which of the following is NOT one of the five major characteristics of
a project?
A. Established objective
B. Defined life span
C. Involvement of several departments
D. Repetitive output
Answer: D
13. Project management involves defining and managing all the work
required to complete the project successfully. This is known as:
A. Quality management
B. Scope management
C. Communication management
, D. Integration management
Answer: B
14. Project management ensures that the project will satisfy the stated
or implied needs for which it was undertaken. This is known as:
A. Scope management
B. Quality management
C. Cost management
D. Schedule management
Answer: B
15. Which of the following is an example of routine, repetitive work?
A. Writing a term paper
B. Setting up a sales kiosk
C. Daily entering sales receipts into the accounting ledger
D. Developing a supply-chain information system
Answer: C
16. The people involved in or affected by project activities are called:
A. Project team members
B. Stakeholders
C. Project sponsors
D. Functional managers
Answer: B
17. Which of the following is NOT an advantage of using project
management?
A. Higher profit margins
B. Shorter development times
C. Improved customer relations
D. Guaranteed project success
Answer: D
18. A project manager must consider scope, time, and cost and balance
these often-competing goals. This is referred to as the:
A. Triple constraint
B. Iron triangle
EXAM – OFFICIAL ACADEMIC BOARD OF BUSINESS
AND TECHNOLOGY COMPLETE Q&As WITH
VERIFIED ANSWERS (GRADE A+)
1. Which of the following best defines a project?
A. An ongoing process that produces repetitive results
B. A temporary endeavor undertaken to create a unique product, service, or
result
C. A continuous operational activity with no defined end
D. A routine task performed daily by an organization
Answer: B
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
Answer: B
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
Answer: C
4. The "triple constraint" in project management traditionally refers to
which three elements?
A. Quality, risk, and scope
B. Scope, time, and cost
,C. Schedule, quality, and resources
D. Time, cost, and quality
Answer: B
5. Which of the following is an example of a project rather than
operations?
A. Daily sales data entry
B. Monthly payroll processing
C. Writing a term paper
D. Routine building maintenance
Answer: C
6. What is project management?
A. The ability to complete a task within a given amount of time
B. The ability to complete a task within a given budget
C. The ability to manage a temporary endeavor to create a unique product or
service, on time and within budget
D. The ability to administer a series of chronological tasks within a given
amount of time and under budget
Answer: C
7. 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, schedule, and budget
D. Risk, resources, and results
Answer: B
8. Which of the following is NOT a major characteristic of a project?
A. Has an established objective
B. Has a defined life span with a beginning and an end
C. Produces the same output repeatedly
D. Has specific time, cost, and performance requirements
Answer: C
,9. The difference between a project and regular operations is that:
A. Operations create unique products
B. Projects are finite with defined start and end
C. Operations have specific time requirements
D. Projects are ongoing and repetitive
Answer: B
10. Which of the following is a program?
A. A single project with a unique deliverable
B. A group of related projects designed to accomplish a common goal
C. A collection of unrelated operational activities
D. A routine business process
Answer: B
11. According to the Project Management Institute (PMI), a project is:
A. A permanent organizational function
B. A temporary endeavor undertaken to create a unique product, service, or
result
C. An ongoing operational process
D. A repetitive business activity
Answer: B
12. Which of the following is NOT one of the five major characteristics of
a project?
A. Established objective
B. Defined life span
C. Involvement of several departments
D. Repetitive output
Answer: D
13. Project management involves defining and managing all the work
required to complete the project successfully. This is known as:
A. Quality management
B. Scope management
C. Communication management
, D. Integration management
Answer: B
14. Project management ensures that the project will satisfy the stated
or implied needs for which it was undertaken. This is known as:
A. Scope management
B. Quality management
C. Cost management
D. Schedule management
Answer: B
15. Which of the following is an example of routine, repetitive work?
A. Writing a term paper
B. Setting up a sales kiosk
C. Daily entering sales receipts into the accounting ledger
D. Developing a supply-chain information system
Answer: C
16. The people involved in or affected by project activities are called:
A. Project team members
B. Stakeholders
C. Project sponsors
D. Functional managers
Answer: B
17. Which of the following is NOT an advantage of using project
management?
A. Higher profit margins
B. Shorter development times
C. Improved customer relations
D. Guaranteed project success
Answer: D
18. A project manager must consider scope, time, and cost and balance
these often-competing goals. This is referred to as the:
A. Triple constraint
B. Iron triangle
