There can be different types of objectives – Product and Project Objectives

Project objectives are contained in the project charter

Projects are considered complete when the objectives have been met

A reason for terminating a project before completion is that the project objectives cannot be met

A more complete understanding of the objectives are achieved over the length of the project

It is the project managers role to accomplish the project objectives

The reason for quality activities is to make sure the project meets its objectives

Risk Management enhances opportunities and reduce threats to the project objectives

Things that could negatively impact the project objectives, such as risk and stakeholders influence,
should be watched and tracked.

Projects often require trade-offs between the requirements and objectives

Project objectives are determined in the initiating process group and refined in the planning process
group

One of the purposes of the Develop Project Management Plan process is to determine how work will
be accomplished to meet project objectives

Management by Objectives (MBO)

This management philosophy has three steps:

1. Establish unambiguous and realistic objectives.

2. Periodically evaluate if objectives are being met
3. Implement corrective action.