One of the most significant components of goal setting and achievement is evaluation. Evaluation is a time to reflect, assess, or make a judgment about the amount, number, or value of something.

Once goals are established for any individual or organization, an effective way to determine progress is through evaluation.

Evaluating progress monthly, quarterly, bi-annually, and yearly provides leaders an opportunity to measure the amount of progress, assess necessary changes, implement phases of the plan, and build the confidence of stakeholders in the process.

The profit gained by evaluating each essential part of the plan determines success.