Question

What are the differences between a project mission, vision, goals and objectives?

Answer 1

Below given are the differences between mission, vision, goals and objectives:

Project mission :

1.A justification statement which signifies the reasons for the existence of the company is known as Mission Statement. 2.Mission is the general statement which describes what company wants to do at the present position. 3.A mission statement is meant to depict the essence of the company.   

Vision:

1.A declarative statement that defines the company’s long-term plans for the future is known as Vision Statement. 2. Vision statement outlines what a company want to be in the future. 3.Conversely, a vision statement can also be understood that the snapshot of company’s future, and in fact more than that.

Goals :

1.Goals are conditions to be achieved in the future. 2.They must be defined consistent with your vision, mission, and strategic directions.   3.Goals guide your decisions and actions. However, they usually do not involve measurable results, and therefore, do not change as often as objectives.

Objectives :

1.Objectives are focused on critical issues and milestones. 2.They describe the activities and targets to achieve your goals.
3.They identify the dates for completing the activities. They are measurable in terms of being achieved, or not