In fact, goals are more likely to be achieved if their are properly defined. You can apply this acronym to every goal to make it more likely to happen;
S. Specific. Ensure that the goal is as clear, concise and specific as possible.
M. Measurable. Ensure that the goals criteria can tracked and measured.
A. Achievable. Ensure that it is possible for the goal to be completed.
R. Realistic. Ensure that the goal aligns to the companys objectives and can be achieved by the company’s resources.
T. Timely. Ensure that the goal can be completed within the stated timeframe.
When you set SMART goals, start by writing your goal in a specific way. For example, instead of saying “improve website speed”, you can set yourself a specific goal, such as “The loading time of the home page should not exceed 0.5 seconds before November 1.” This objective is specific, measurable and has a time limit, all of which are important components of a SMART goals. Once you’ve agreed the goal with the stakeholders, the next task is to break it down into smaller practical tasks, such as creating a project plan, tasks, and tracking your progress. If the Project Manager and stakeholder do not agree on the SMART goal, then do not be afraid to adjust elements of it, such as increasing the timeframe or decreasing the measurable elements contained within the goal.
SMART goals then become milestones whose progress you can track and report on.
To keep your team motivated and accountable, set small milestones that you can track to make sure your team is on track to success. Celebrate the small wins. Rewards can help motivate, and a positive team environment can help your team stay focused and motivated to achieve your goal. In addition, tracking progress can help you stay on top of everything and make the necessary adjustments. (You can track your progress with this Earned Schedule calculator.) Track your progress and report it weekly or monthly through status reports to monitor your goals and ensure that you’re taking the necessary steps to achieve them. By setting SMART goals for your project, you can increase your chances of success and get the most out of your project.
The acronym SMART was defined as Specific, Measurable, Achievable, Realistic and Timely. However there are other variations on the later part of the acronym and you may want to adjust your usage and application of this framework to suit your needs. Here are the other variations;
In addition, the SMART acronym can sometimes be extended to become SMARTER, with the following additions.
E. Exciting. Ensure that the goal sparks interest and excitement, as its achievable but challenging.
R. Rewarding. Ensure that everyone’s contribution is rewarded.
SMART goals can set a project up for success. It does this by focusing the desired achievements and defining them in specific language that can not be misunderstood. Goals can be transferred to milestones. The Project Manager can then make sure that each phase is focused on long term success and that each task meets deadlines.
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