Do you consider any of the three constraints (time, scope and cost) more difficult to manage?...

Do you consider any of the three constraints (time, scope and cost) more difficult to manage? Why or why not?

Expert Solution

Something that imposes restriction, and prevent something from being occur is called constraint. Limit are set for particular activity or task is know as constraint. To manage a project or certain activity the three constraint are very important such as time, scope and cost. They are called management triangle of any project.

Cost is refers to project budget which is set earlier by the person who is going to start project.

Scope the task for which project is started should be get achieved.

Time needed to complete the project or task.

If a person is the manager of certain XYZ company then he should follow this three constraint to achieve the success and fulfil the organizational goal.

I don't think it is diificult to manage the three constraint. The only thing a person should be focused is the management and team work. Proper management will lead to follow all the three constraint and achieving the goal of the project easily. Basically it is a boundry that is set before hand and we have to wrok in this boundry only.

The importance or features of three constraint as follow-

1- The cost is the factor which plays important role in the business. There are 2 types of cost in the business such as variable cost, which is not fixed and we can easily alter them and second is the fixed cost that is fixed beforehand and we can alter that cost in the business.

2- Scope is set when business is going to start or planning of the business is going to start. Scope refers to purpose or motive of doing project. It can be change or alter easily during the business.

3- Time is very crucial part of our daily life also. It help to complete the project at given standard time.The time is alloted with the estimate work. Plan schedule management leads to success in the business.

keosha answered 5 months ago

What do you think about companies with several different products having a more difficult time using...

What do you think about companies with several different products having a more difficult time using CVP analysis

The more costly and time consuming it is to export and import, the more difficult it...

The more costly and time consuming it is to export and import, the more difficult it is for local companies to be competitive and to reach international markets. As part of an initial investigation exploring foreign markets entry, 10 countries were selected from each of four global regions. The cost associated with importing a standardized cargo of goods by sea transport in these countries (in US$ per container) is stored in ForeignMarket2. a) At the 0.05 level of significance, is...

Explain how the triple constraints of scope, schedule, and cost play an integral role in managing...

Explain how the triple constraints of scope, schedule, and cost play an integral role in managing a successful project. 200 words

What solutions can you offer to limit the cost of and more effectively manage the firm’s policies for compensated leave time?

For the past several weeks, Adele Delgado, payroll manager for Petrillo Packing Company, has been studying the mounting costs of accrued vacations and sick leave. Most of her firm’s employees are entitled to two weeks’ vacation each year and the privilege of accruing their vacation time for future use. Also, the workers have a generous sick-leave plan that reimburses them while they are ill at home or in the hospital.Scanning the employees’ accrued vacation times on the computer printout, Delgado...

In 150 words do you think it is more difficult for a manager to control direct...

In 150 words do you think it is more difficult for a manager to control direct or indirect costs? Why do you think this is so?

You used three intravenous (IV) catheters to do a particularly difficult venipuncture. Do you charge the...

You used three intravenous (IV) catheters to do a particularly difficult venipuncture. Do you charge the patient for all three catheters? What if you accidentally contaminated one by touching the sheet? How is the catheter paid for if not charged to the patient? Who benefits and who loses when patients are not charged for supplies?

Patterns Which do you think is more difficult to establish, a pattern of property crime or...

Patterns Which do you think is more difficult to establish, a pattern of property crime or a pattern of persons crime? What are potential police responses to these patterns?

APRN scope of practice: Do you anticipate any concerning restrictions to your nursing practice, according to...

APRN scope of practice: Do you anticipate any concerning restrictions to your nursing practice, according to new york state’s regulations for APRN scope of practice?

¡ Come up with three reasons it would be more difficult to be an entrepreneur in a...

¡ Come up with three reasons it would be more difficult to be an entrepreneur in a developing country than a developed country. Do NOT use “they’re poor” as a reason. Think broadly! ¡ Create a VRIO analysis for an SME entering a foreign market: ¡ Value ¡ Rarity ¡ Inimitability ¡ Organizational Capacity

1. Demonstrate a strategy for sales men to manage their time more effectively.

Sales Management Answer all the following questions: 1. Demonstrate a strategy for sales men to manage their time more effectively. 2. Identify the several kinds of sales goals that may be set by a sales organization. 3. Describe the ways sales forces might be specialized to market new product of Chanel. 4. Clarify the various steps of sales planning discussing to any product of your choice.

Question