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Type of target | Description | Example | ||
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ObjectiveObjective according to the OKR methodology, this is a big and ambitious goal. An Objective is to be formulated | Ambitious, qualitative descriptions of what you want to achieve. Answers the question: Where do we need to go? Should be:
| Increase system performance.the company revenue by 10% in the next two quarters | ||
Key ResultThe | desired result after performing a series of actions. Reaching the result, you can understand how much the Objective is accomplished. Set of metrics that measure your progress towards the objective. Answers the question: How do I know that I am getting to Objective? The key result can be measured by the per cent or quantity of something.
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Initiative | A small goal or a specific action you need to do to achieve a small goal (other Initiative), Key Result or bigger goal (Objective).
| Perform regression testing to identify critical errors. | ||
Milestone | A scheduled end date is when the planned goals and results are to be achieved.
| Planned release 29.03.2022. |
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