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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What are Project Objectives?
What are Project Objectives?  

What are Project Objectives?


Project Objectives refer to an end that can be reasonably achieved by a project under predefined constraints (time, quality and cost) and with available resources. They determine business benefits that the project is expected to provide to stakeholders as a result of consuming resources and exerting effort.

 Objectives of a project establish planning and strategic activities. They serve as the basis for policy and performance appraisals. A typical project objective describes a specific tangible product or deliverable that the project is supposed to produce. Through estimating and evaluating project objectives it is possible to determine whether a project is adequately planned.

 Project objectives and goals are not the same. As a rule, an objective is broader in scope than a goal. It may include several goals which in turn are divided into tasks and activities. A combination of objectives, goals, tasks and activities defines the statement of work (SOW).

 SMART technique is often used to identify and establish project objectives. Specific, Measurable, Action-oriented, Realistic and Time-bound objectives are the guarantee that the project will remain focused on business benefits throughout the implementation lifecycle.

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