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Project Management, Viewpoint!

Time to re-visit “SMART”?

Ideally, project objectives should be SMART, or be capable of being made SMART once further definition work has been done.

SMART = Specific, Measureable, Achievable, Relevant, Time-bound.

Increasingly, it’s important to recognise the financial do-ability of projects when setting objectives. So, a re-definition of SMART that is gaining increased acceptance is:

Specific, Measureable, Achievable, Resourced, Time-bound.

“Resourced” requires you to be confident that there will be an appropriate budget (people and money) for the project.

Read more about setting objectives and Project Initiation.

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