What is the value that needs to be achieved to complete a goal target?

The target value is the specific benchmark that needs to be achieved in order to complete a goal. It acts as the desired outcome that individuals or teams strive to reach within a defined timeframe. Setting a target value provides clarity and direction, enabling effective performance measurement against that standard. This is essential in performance management, as it allows individuals to gauge their progress and determine whether they have met the expectations set for any given initiative or objective.

In this context, while actual value refers to what has been accomplished, and achievable value indicates what is realistically attainable, these terms do not define the goal itself. Expected value often relates to predicted outcomes based on statistical data or past performance but doesn’t specifically denote the goal you aim to hit. The clarity and precision of the target value make it the key reference point for evaluating goal attainment.