Search results
Results from the WOW.Com Content Network
In law, time constraints [1] are placed on certain actions and filings in the interest of speedy justice, and additionally to prevent the evasion of the ends of justice by waiting until a matter is moot. The penalty for violating a legislative or court-imposed time constraint may be anything from a small fine to judicial determination of an ...
The scope constraint refers to what must be done to produce the project's end result. These three constraints are often competing constraints: increased scope typically means increased time and increased cost, a tight time constraint could mean increased costs and reduced scope, and a tight budget could mean increased time and reduced scope.
In this time frame, consumers may act irrationally and use biases to make decisions. A common bias is the use short-cuts known as heuristics. Due to differences in various situations and environments, heuristics that may be useful in one area may not be useful in other areas and lead to sub-optimal decision making and errors.
Under English law, restraining clauses in employment contracts are enforceable if: [citation needed] There is a legitimate interest which needs to be protected. Examples of such interests include business connections and business secrets. The restraint is reasonable, i.e. sufficiently protects the interest and goes no further.
Other corollaries include Horstman's corollary to Parkinson's law, coined by Mark Horstman of website manager-tools.com: [3] Work contracts to fit in the time we give it. [4] the Asimov corollary to Parkinson's law: In ten hours a day you have time to fall twice as far behind your commitments as in five hours a day. [5]
The term business rule is sometimes used interchangeably with business logic; however the latter connotes an engineering practice and the former an intrinsic business practice [citation needed]. There is value in outlining an organization's business rules regardless of whether this information is used to automate its operations.
Time constraints are often a primary driver in planning and should not be changed without considering project or sub-project critical paths. That is, it's usually important to meet deadlines. Risk factors for missed deadlines can include complications upstream of the project, planning errors within the project, team-related issues, or faulty ...
In economics a trade-off is expressed in terms of the opportunity cost of a particular choice, which is the loss of the most preferred alternative given up. [2] A tradeoff, then, involves a sacrifice that must be made to obtain a certain product, service, or experience, rather than others that could be made or obtained using the same required resources.