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Define scope, schedule, cost, and customer satisfaction. why are these considered to be constraints?

Sagot :

Scope defines the limit about how much work can the company do. The schedule refers to the time period. Costs refer to the cost the company has to bear. Customer satisfaction refers to the satisfaction the customer will have by consuming the product. These are considered constraints because there is only a limit to which the company can afford this.

The scope is the limits that the company has to work under. There will be many resources that may be available that the company can make use of but does not. This may be because using those resources it may be outside the scope of the company and the company may not be able to utilize them.

The schedule refers to the period in which the product may be ready for sale by the company. It may also refer to time schedule regarding the working of the employees. These are also constraints as there will be some limits before which the work cannot happen. The cost refers to all the different costs of the company. This may refer to variable cost, fixed cost, opportunity cost, etc.

The company will have to keep these costs into consideration while pricing the product. So in this way, the costs are also considered to be constraints. Customer satisfaction is the fundamental factor that governs the profit and loss of a business. The customer has to be satisfied then only he will buy from us. So there may sometimes be situations when this may not be possible.

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