Project Management

Home / Discussions / Project Management Central /

Does anyone have a good definition to clarify the difference between business objective and business need?

Anonymous

Does anyone have a good definition to clarify the difference between business objective and business need?

Posted: Sep 29, 2008 4:28 PM

Sort By:

Rajkumar Mouttou Delivery Manaer| Consultant Chennai, Tamil Nadu, India

Slight difference.

Business Objective is something specific and final goal. But Business need is something general.

Posted: Sep 30, 2008 5:20 AM

Chetana Katpally Cincinnati, Oh, United States

Business Need is a necessity and is subjective to one's own perception and thought.

Business Objective is an unbiased interpretaion of these thoughts that helps achieve the final goal.

Posted: Nov 25, 2008 9:28 AM

Shoumik Kahali Technical Manager| Yash Technologies Indore, M.P., India

Business Objective: The goal needed to be attained.
For Ex: The business objective is to Cut the Cost.

Business Need - The action needed to meet the business objective, or the things that will give purpose or direction to achieve the objective.
For Ex:
The business need is to reduce the cost of services/product due to competition in market.

Posted: Aug 30, 2010 5:21 AM

Please login or join to reply

ADVERTISEMENTS

"Substitute 'damn' every time you're inclined to write 'very'; your editor will delete it and the writing will be just as it should be."

- Mark Twain

ADVERTISEMENT