Define Project Objective

Types, classifications, and units of measurement

One of TaskBrowse’s features is project target planning. With Project target Planning, you can set measurable goals for projects and track their achievement by assigning these goals to project tasks.

Example of Goal Setting in a Marketing Project

Let’s say you have a digital marketing project aimed at increasing product sales. A sample goal for the marketing project could be to achieve $50,000 in online sales within 6 months. To set this goal, follow these steps:

First, go to the Projects section in the menu, then click on the desired project name (Marketing) and navigate to the Project Objectives tab. By clicking the “+” icon, you can define a new goal.

1. Objective Title:
   Increase Online Sales
2. Parent Objective:
   Grow Overall Company Sales
3. Quantitative or Qualitative Objective:
   Quantitative (since a specific sales amount is defined)
4. Objective Importance:
   Essential (as increasing sales is critical for the company’s success)
5. Objective Type:
   Type in the Objective type to add it, or click the “+” button to select from existing types defined in the system’s basic definitions.
   • Performance: Improve operational results
   • Growth: Increase revenue or market share
6. Objective Classification:
   Type in the Objective Classification to add it, or click the “+” button to choose from available defined in the system’s basic definitions.
   • Financial
   • Sales
7. Objective Weight:
   • For example, 40%
8. Target value (for quantitative Objective):
   • $50,000
9. Measurement Unit:
   Type in the unit to add it, or click the “+” button to select from units defined in the system’s basic definitions.
   • Dollars
10. Percent Realized:
    Suppose, after three months, $25,000 in sales has been achieved. You can enter the achievement percentage as 50%. Alternatively, if the goal is linked to project tasks with assigned weights, TaskBrowse will automatically calculate the achievement percentage as tasks are completed.
11. Best and Worst Case:
    • Best Case: $60,000 in sales
    • Worst Case: $20,000 in sales