What does 'time bound' refer to in SMART targets?

'Time bound' in SMART targets specifically refers to the importance of setting a clear deadline or timeframe within which the target should be achieved. This creates a sense of urgency and helps individuals stay focused and motivated, as they have a specific period to work towards their goal. By having a deadline, it becomes easier to plan and execute the necessary steps to attain the target, ensuring implementation rather than indefinite planning or waiting.

In contrast, the focus of measurable outcomes emphasizes how to quantify progress towards achieving the target, while setting targets according to specific competitions focuses on the relevance of the target to competitive aspirations. Lastly, ensuring that targets are realistic and acceptable involves evaluating the feasibility of achieving them based on current abilities and resources. Each of these elements plays an important role in the overall effectiveness of setting goals, but 'time bound' specifically highlights the crucial aspect of establishing a timeframe.