Question

Explain how revenue and resource constraints may limit the ability to deliver quality care and manage risks.

Answer 1

Ans) Balancing the 6 constraints- scope, cost, time, quality, risk, resources in order to achieve project objectives and manage customer expectations for a project.

Resource constraints refer to the limitations on staffing, equipment and other resources that are necessary to complete a project. Examples of resource constraints include limited staff and equipment availability because of other ongoing projects in a company may limit the ability to deliver quality care and manage risks.

Revenue constraint: When consideration is variable, the cumulative amount of revenue recognizedis limited to the amount to which the entity is reasonably assured to be entitled.