Markmiða
Markmiða is the genitive plural form of the Icelandic noun markmið, meaning goals or objectives. It is used when referring to the aims of an entity in planning, reporting, and evaluation contexts. In business, education, and public administration, markmiða describe the desired outcomes of projects, programs, or strategies. They can be long-term or short-term, broad or specific, and they are often defined using frameworks such as SMART or OKR to ensure clarity and measurability.
Markmiða function as benchmarks for resource allocation, performance measurement, and accountability. Progress toward markmiða is tracked
Etymology: markmiða originates from a compound of elements meaning target and aim in Icelandic. See also markmið,