TERM| Objective SMART

 

Objective SMART to describe what this stand for?

Understanding the SMART Objective

In the realm of project and business management, the acronym SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bound. These are the key attributes that should be incorporated into an objective to ensure its success.

Specific

A specific objective is clear and well-defined, leaving no room for misinterpretation. It answers the questions: What needs to be done? Who will do it? Where will it be done?

Measurable

Measurable objectives allow for tracking progress and determining when the objective has been achieved. They answer the question: How will we know when it is accomplished?

Achievable

An achievable objective is realistic and attainable. It is not too high to reach nor too easy to achieve. It answers the question: Can we get it done in the proposed timeframe with the resources we have?

Relevant

A relevant objective aligns with broader business goals and should be worthwhile. It answers the question: Does this help to achieve our overall goals?

Time-bound

A time-bound objective has a clearly defined timeline with a start and end date. It answers the question: When will it be done?

For more detailed information, you can visit the SMART criteria page on Wikipedia.

References

1. Mindtools – SMART Goals

2. Project Smart – SMART Goals