Difference between revisions of "Constraint"
| Line 8: | Line 8: | ||
According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Constraint]]. A mathematical inequality or equality that must be satisfied by the variables in a mathematical model. | :[[Constraint]]. A mathematical inequality or equality that must be satisfied by the variables in a mathematical model. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Constraint]]. A factor that restricts the production or sale of a product. | ||
[[Category: Project Management]][[Category: Articles]][[Category: Business Analysis]][[Category: Accounting]] | [[Category: Project Management]][[Category: Articles]][[Category: Business Analysis]][[Category: Accounting]] | ||
Revision as of 11:46, 14 July 2020
Constraint is a factor that limits the options for managing a project, program, portfolio, or process.
Definition
According to the PMI Lexicon of Project Management Terms,
- Constraint. A factor that limits the options for managing a project, program, portfolio, or process.
According to the BABOK Guide (3rd edition),
- Constraint (business analysis). An influencing factor that cannot be changed, and that places a limit or restriction on a possible solution or solution option.
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Constraint. A mathematical inequality or equality that must be satisfied by the variables in a mathematical model.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Constraint. A factor that restricts the production or sale of a product.
