Project SMART Goals

Prepared by: [YOUR NAME]

Objective/Goal Description

The objective of the SMART goals template is to guide the project planning process through specific, measurable, achievable, relevant, and time-bound benchmarks in order to deliver a successful project for [YOUR COMPANY NAME].

SMART Goals

Initial	Meaning	Component
S	Specific	The goal should clearly define the expected outcome for the project, [PROJECT NAME] and define its planned deliverables. It should answer the who, what, where, when and why.
M	Measurable	The project's success will be measured by achieving certain milestones, established by [YOUR NAME], within a specified deadline.
A	Achievable	All goals set for the project are realistic, given the resources of [YOUR COMPANY NAME] and time-frame determined. Whenever necessary, involve team members from [YOUR DEPARTMENT] to negotiate achievable targets.
R	Relevant	All project goals are aligned with [YOUR COMPANY NAME]'s strategic plans and contribute to the organization's overall mission. The goals should be meaningful to all stakeholders.
T	Time-bound	Every goal of the project has a timeline or deadline which is mutually agreed upon by all stakeholders of [YOUR COMPANY NAME]. This helps to create a sense of urgency and prevents everyday tasks from overtaking long-term goals.

Action Plan

1. Define Project Scope and Objectives:

   • Task: Clearly define the scope and objectives of the project, including the deliverables and desired outcomes.

   • Deadline: [SPECIFIC DATE]

   • Responsible: [PROJECT MANAGER]

2. Identify Key Milestones:

   • Task: Break down the project into key milestones and establish timelines for each milestone.

   • Deadline: [SPECIFIC DATE]

   • Responsible: [PROJECT TEAM]

3. Allocate Resources:

   • Task: Identify and allocate necessary resources, including budget, manpower, and materials, to support the project's execution.

   • Deadline: [SPECIFIC DATE]

   • Responsible: [PROJECT MANAGER]

4. Develop Work Breakdown Structure (WBS):

   • Task: Create a detailed WBS outlining all tasks and activities required to achieve the project's objectives.

   • Deadline: [SPECIFIC DATE]

   • Responsible: [PROJECT MANAGER]

5. Assign Responsibilities:

   • Task: Assign responsibilities to team members for each task or activity within the project.

   • Deadline: [SPECIFIC DATE]

   • Responsible: [PROJECT MANAGER]

6. Establish Communication Channels:

   • Task: Set up communication channels and protocols to ensure effective communication among team members and stakeholders.

   • Deadline: [SPECIFIC DATE]

   • Responsible: [PROJECT MANAGER]

Accountability

• Project Manager: [YOUR NAME]

• Project Team: Members from [YOUR DEPARTMENT]

• Stakeholders: Include relevant stakeholders from different departments or external partners.

Frequency of Progress Reviews: Weekly project status meetings to track progress, address issues, and ensure alignment with goals.

Method of Review: Review of project plans, milestones, and deliverables; discussion with project team and stakeholders to assess progress and address any challenges.

Notes

• Regular Monitoring and Reporting: Implement a system for regular monitoring and reporting of project progress against milestones and deliverables.

• Risk Management: Identify potential risks and develop mitigation strategies to minimize their impact on project success.

• Flexibility: Remain flexible to accommodate changes in project scope, timeline, or resources as necessary to adapt to evolving circumstances.

• Celebrating Milestones: Recognize and celebrate achievements as milestones are reached, fostering motivation and team morale.

Smart Goals Templates @ Template.net