Definition(s)

Objective

A statement of intent to accomplish a specified outcome.

Objectives should be specific, measureable, achievable, relevant and timebound (SMART). Targets are objectives with a specific numerical intent and fixed timescale for completion.

Source: IOGP Report No. 510, Operating Management System Framework for controlling risk and delivering high performance in the oil and gas industry, International Association of Oil & Gas Producers, June 2014. Global Standards

 

Objective

Result to be achieved

  • Note 1 to entry: An objective can be strategic, tactical, or operational.
  • Note 2 to entry: Objectives can relate to different disciplines (such as financial, health and safety, and environmental goals) and can apply at different levels (such as strategic, organization-wide, project, product and process.
  • Note 3 to entry: An objective can be expressed in other ways, e.g. as an intended outcome, a purpose, an operational criterion, as an information security objective or by the use of other words with similar meaning (e.g. aim, goal, or target).
  • Note 4 to entry: In the context of information security management systems, information security objectives are set by the organization, consistent with the information security policy, to achieve specific results.

Source: ISO/IEC 27000:2014, Information technology — Security techniques — Information security management systems — Overview and vocabulary, Third Edition, January 2014. Global Standards

Objective

Always with capital ‘O’; a proprietary IT system used by NOPSEMA to manage its records.

Source: NOPSEMA Guideline – Glossary – Regulatory Operations, N-09000-GL0326, Australia, Revision 5, December 2011. Regulatory Guidance

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