project management: setting smart aims & objectives
TRANSCRIPT
PROJECT MANAGEMENT:
SETTING SMART AIMS &
OBJECTIVES
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KEY POINTS RESOURCE LIBRARY PUBLICATION
SETTING SMART AIMS & OBJECTIVES
DEFINITION - AIM & OBJECTIVES:
AIM: An aim is the result which you intend to achieve following the execution
of a number of defined actions. It is also often referred to as a goal or
target.
OBJECTIVES: Objectives are the actions you define and execute in order to
achieve your aim.
To facilitate execution, evaluation, and accountability, it is critical that
you set SMART aims and objectives for every project you embark on.
So what does SMART mean?
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SETTING SMART AIMS & OBJECTIVES
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S SPECIFIC
M MEASURABLE
A ACHIEVABLE
T TIME-BOUND
R RELEVANT
DEFINITION - SMART:
SETTING SMART AIMS & OBJECTIVES
Your project aims and objectives should be:
1. (S) SPECIFIC - Clear and Unambiguous
2. (M) MEASURABLE - Quantifiable or Assessable
3. (A) ACHIEVABLE – Realistic or Reasonable
4. (R) RELEVANT – Pertinent to the Client’s Requirements
5. (T) TIME-BOUND – Subject to a Timeframe or Time Limit
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EXPLANATORY NOTES:
SETTING SMART AIMS & OBJECTIVES
Your project aims and objectives are:
1. (S) SPECIFIC - If they can be fully understood by everyone involved.
2. (M) MEASURABLE – If they can be effectively used to evaluate attainment.
3. (A) ACHIEVABLE – If they can be fully executed with the resources available.
4. (R) RELEVANT – If they reflect the client’s requirements.
5. (T) TIME-BOUND – If they are subject to a timeframe or time limit.
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EXPLANATORY NOTES:
REFERENCE FOR FURTHER READING AND LEARNING:
LEAN Management System Training Manual (2016), a publication of Wing Engineering
Limited.
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SETTING SMART AIMS & OBJECTIVES