Mod 1 Unit 1 Part 2

The purpose of any project according to the Objectives of Project Management is to:

• achieve specific goals within constraints

• maximize resource usage

• ensure stakeholder satisfaction

• deliver products faster

Give an example of an objective that may be a new or improved product.

• Launch a new smartphone model

• Increase social media engagement

• Hire more staff

• Improve office decor

An example of an improved service that may be the objective of a project is:

• Faster customer support response time

• Increased product prices

• Reduced employee benefits

• Decreased production quality

An example of an objective to gather information is:

• To conduct a survey

• To write a report

• To give a presentation

• To attend a meeting

What does the 'S' in SMART goals stand for, and what question should you ask to ensure it is met?

• Specific; Is the goal clear and specific?

• Simple; Is the goal easy to understand?

• Strategic; Does the goal align with our strategy?

• Sustainable; Can the goal be maintained over time?

What does the 'M' in SMART goals stand for, and what question should you ask to ensure it is met?

• Motivational; Is it inspiring?

• Measurable; How will I track progress?

• Manageable; Can I handle it?

• Meaningful; Does it matter?

What does the 'A' in SMART goals stand for, and what question should you ask to ensure it is met?

• Achievable; Is the goal realistic and attainable?

• Actionable; What steps will you take to achieve it?

• Ambitious; Does it challenge you enough?

• Aligned; Does it fit with your values?

What does the 'R' in SMART goals stand for, and what question should you ask to ensure it is met?

• Relevant; Is this goal important to me?

• Realistic; Can this goal be achieved?

• Reliable; Is this goal trustworthy?

• Rapid; Can this goal be achieved quickly?

The 'T' in SMART goals stands for which of the following, and what question should you ask to ensure it is met?

• Time-bound; Is there a deadline?

• Tangible; Can it be touched?

• Transparent; Is it clear?

• Timely; Is it relevant now?

The 'Specific' criterion in SMART goals refers to:

• being clear and precise about the goal

• setting a time limit for achieving the goal

• ensuring the goal is achievable

• aligning the goal with broader objectives