Since this is the S&W Forum I am going to assume you are asking about a handgun, is this correct?
For a revolver, if you are loading a bullet with a cannellure (crimp groove) seat to crimp in the cannellure and forget about cartridge lenght as really you can't do anything about it. If you are looking at a bullet manufacturers manual all the COL dimension is their bullet, loaded in a normal length case, will give the noted OAL. It doesn't mean there is something "correct" or magic about that length.
For semi-automatic pistols the COL does mean something. Maximum should fit in the magazine of the average pistol chambered for the cartridge. Minimum could be for function, or safety. A bullet seated to less than minimum OAL, with a maximum or near maximum pressure charge, could result in grossly exaggrated and possibly dangerous pressure when the cartridge is fired.
Just remember COL length is usually merely an indication of a practical range of length, or a result. It is not a specification, usually. If shown with a cartridge drawing as a maximum, then all it means is that SAAMI standards for commercial ammunition in that caliber should not exceed that length or they may not fit the magazine of, or the cylinder, of standard, commercial, firearms chambered for that cartridge.