Project Objective Notes: Definitions & Explanations PDF | Download eBooks
Study Project Objective lecture notes PDF with project management definitions and explanation to study What is Project Objective?. Study project objective explanation with project management terms to review project management course for online MBA programs.
Project Objective Definitions:
Project objective is defined as an expected result or product of a project.
Successful Project Management by Jack Gido and James P. Clements
Project objective is defined as an outcome toward which work is to be directed, a strategic position to be attained, a purpose to be achieved, a result to be obtained, a product to be produced, or a service to be performed.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Project Objective Notes:
A project objective is basically the desired result of a project as mentioned by the customer. A project objective is given in terms of the project scope, expected schedule and cost etc. The fulfillment of needs and requirements of a project comes under project objective. Moreover, it is important to complete a project at the desired time. If the project is completed in time, the project objective regarding schedule is achieved. Likewise, completing a project within budget can also be considered as an objective of the project. For example, a project objective can be organizing an event in a budget of Rs. 1,000,000 in the month of December of this year. In general, the objective of any project is to complete the work within the project scope in limited time and budget to get a satisfied customer.
Keep Learning with Project Management Notes
What is Project Schedule Network Diagram?
A project's activities must be defined before starting the project. Also, the relationship between the activities must be established. A ...
What is Communication Technology?
There is a need of communication at different stages of the project and among different people. The communication can be ...
What is Autocratic Decision Making?
During a project, decisions are to be made at every step. Different tools and techniques can be used for decision ...
What is Failure?
When organizations carry out projects, their main focus is on the success. However, failure is also a part of project ...
What is Project Termination?
The final phase of a project's life cycle is termination. A project should not be terminated spontaneously. Some project termination ...
What is Sensitivity Analysis?
There are several tools and techniques to perform quantitative risk analysis. One of them is sensitivity analysis. Sensitivity analysis identifies ...