Could Financing Be the Alternative for Your Startup Business?
There are more entrepreneurs than ever today, and markets across the world are tightly connected. With open borders and free trade, it’s possible to start a business that caters to...
Tagged: goals
11 Essential Time Management Hacks for Road Warriors
For people who drive long distances such as van drivers, time is of the utmost concern. Sometimes even a slight change in strategy can save you hours of being stuck in traffic. To help you manage your time on the road better, here are 11 time management hacks especially for road warriors.
Project Objectives
Establishing objectives of a project is an activity that takes place during the planning process to determine what the project is supposed to accomplish when ended. Without a clear and comprehensible definition of objectives it is impossible to plan for the end result, that is deliverables. In the following article I tried to explain what objectives mean and how to distinguish the terms “goal” and “objective” as well as the terms “deliverable” and “objective”. This article is a part of the Implementation Guide.
Project Governance as a Linkage Mechanism
As a project gets into the initiation phase, it requires an effective linkage mechanism that ensures alignment between the strategic project objectives and direction, and the path to planned outcomes over the implementation life-cycle of the project. In other words, such a mechanism must help sustain the project’s potential to deliver the stated benefits. Moreover, this mechanism must provide oversight and control over the project during the execution process. It must help managers and leaders to assess the project’s current progress and adjust content and direction to the objectives if necessary. The mechanism should also allow senior management to refine the definition of success and maintain alignment with the evolving project plan.
Project Goal Statement
A Project Goal Statement is a clear picture view of what is to be accomplished by the project. It is a formal document to be created at the Initiation Phases showing the project context, including the project purpose, the quality focus, and the viewpoint. The project goal statement document should clearly and unambiguously point at the benefits that the sponsoring organization will gain in case the project will be successfully completed.
