OKR

Last updated Jun 5, 2023

OKR: Objectives and Key Results OKRs combine a goal and a metric to determine a measurable outcome. - Project goals - Project metrics

Objective:

• Defines what needs to be achieved
• Describes the desired outcome

Key Results:

• The measurable outcome that defines when the objective has been met

OKR levels:

• Company-level
  • Shared across an organization so that everyone can align and focus their effort to help the company reach its goals
• Department-level
• Project-level
  • Help define measurable project goals. They need to align with and support both company and department-level OKRs

Strong objectives meet the following criteria.

They are:

• Aspirational
• Aligned with organizational goals
• Action-oriented
• Concrete
• Significant

Strong key results meet the following criteria:

• Results-oriented - not a task
• Measurable and verifiable
• Specific and time-bound
• Aggressive yet realistic

OKR vs SMART https://www.smartsheet.com/content/okr-vs-smart-goals

OKRs can be really helpful to reference when Communicating project problems with Stakeholders, making a reference between the problem and the impacted OKR, to invite the stakeholders to take the problem seriuosly.