A "Penalty Box" is more of a workload management strategy than Viewpoint (although you configure workload management with Viewpoint portlets). The idea of a penalty box workload is to move queries, that are running longer than expected, to a lower priority workload allowing them to finish but get less resources in doing so. For instance, I have a tactical workload and the expectation would be that queries categorized here should finish quickly, one may add a TASM exception to say if they exceed a run time threshold, move them down to a lower priority. CPU milestones on the Teradata Appliance platforms behave this way as well.
A "Penalty Box" is more of a workload management strategy than Viewpoint (although you configure workload management with Viewpoint portlets). The idea of a penalty box workload is to move queries, that are running longer than expected, to a lower priority workload allowing them to finish but get less resources in doing so. For instance, I have a tactical workload and the expectation would be that queries categorized here should finish quickly, one may add a TASM exception to say if they exceed a run time threshold, move them down to a lower priority. CPU milestones on the Teradata Appliance platforms behave this way as well.