What does the acronym SMART in goal setting represent?

Study for the UCF GEB3006 Introduction to Career Development and Financial Plannings Exam. Utilize flashcards and multiple-choice questions that come with helpful hints and detailed explanations to enhance your preparation!

The acronym SMART in goal setting stands for Specific, Measurable, Achievable, Relevant, and Time-bound. Each of these components plays a critical role in effective goal setting.

  • Specific means that the goal should clearly define what is to be accomplished, providing clarity and direction. For instance, rather than aiming to "get in shape," a specific goal would be "to run a 5K."
  • Measurable indicates that the goal should be quantifiable, allowing progress to be tracked and assessed. This ensures that one can determine how close they are to reaching the target. For example, instead of saying "I want to save money," a measurable goal might be "I want to save $500 by the end of the year."

  • Achievable signifies that the goal should be realistic and attainable, considering the available resources and constraints. It encourages setting goals that challenge you but are still possible to achieve within a given timeframe.

  • Relevant ties the goal to broader life aims or career aspirations, ensuring that the pursuit of the goal matters to the individual and aligns with their values or objectives.

  • Time-bound means that a deadline or timeframe should be established for achieving the goal. This creates a

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