Project Goals are observable and measurable end results that are received upon successful completion of a project within a fixed timeframe and with consumption of available resources. They signify reasonable achievement towards which project effort is directed. Project goals serve as one of the basic components of project definition.
Goals of a project are an indicator that determines the project’s success. Generally speaking, if they are achieved within a specified timeframe and with no overuse of resources (such as funds, labor, technology, information), the project may be regarded as successful.
Goals are defined on the basis of requirements set by the project customer before the project is started. Project goals are aligned with customer (user) requirements and thereby aim to produce a result that is acceptable by the customer. Project goals determine the composition and content of project deliverables.
By meaning, project goals are close to project objectives but they are not the same. A project objective is broader in scope than a project goal, has strategic context, and may consist of several individual goals. This difference is very critical to larger projects that include several high-level objectives and multiple low-level goals. In small projects, goals and objectives are often regarded as equivalent.