You are the business analyst for your organization. You are preparing the business needs documentation for a new solution to an identified problem. Parts of your input for this process are the business goals and objectives set by your organization.
What approach can you use to assess the business goal and their validity and longevity?
To assess business goals and their validity and longevity, the SMART criteria is the most appropriate approach. SMART stands for Specific, Measurable, Achievable, Relevant, and Time-bounded. This approach ensures that business goals are clearly defined, trackable, realistic, aligned with organizational objectives, and have a set timeframe for achievement. By applying these criteria, you can evaluate the feasibility and relevance of the business goals in a systematic manner.
Specific: describing something that has an observable outcome, • Measurable: tracking and measuring the outcome, • Achievable: testing the feasibility of the effort, • Relevant: aligning with the enterprise’s vision, mission, and goals, and • Time-bounded: defining a time frame that is consistent with the need.