STRATEGIC GOAL is the milestone the organization aims to achieve that evolves from the strategic issues. They transform strategic issues into specific performance targets that impact the entire organization. They can be qualitative or quantitative. Dependent upon usage, GOALS are general in nature, while OBJECTIVES are specific, measurable and time-based. In some organizations, the meanings for GOAL and OBJECTIVE are reversed. See GOAL.
COST CEILING, in project management, is the sum of the Project Cost Target plus the projects Contingencies cost allowances.
REPORTABLE EVENT see REPORTABLE CONDITION.
Enter a term, then click the entry you would like to view.