Which term refers to the measurable objectives of a project?

The term that refers to the measurable objectives of a project is Key Performance Indicators (KPIs). KPIs are quantifiable metrics used to evaluate the success of an organization, department, or individual project in meeting specific objectives. They serve as benchmarks that help track progress towards these goals, allowing teams to assess the effectiveness of their strategies and make data-driven decisions.

KPIs can encompass various aspects of project performance, including timelines, budget adherence, quality of work, and stakeholder satisfaction, among others. By establishing clear KPIs, project managers and teams can ensure alignment with broader business objectives and maintain focus on achieving desired outcomes.

The other terms, while related to project management, do not specifically denote measurable objectives. Governance relates to the framework of rules and practices that guide decision-making. Risk Assessment involves identifying potential risks and evaluating their impact, which is more about management and preparation than measuring success. Strategy Analysis focuses on evaluating and planning organizational strategies but does not directly pertain to measurable project objectives.