What has these three parts: What is going to happen? When will it happen? How will it happen?

The concept of a goal statement typically encapsulates three critical components that provide clarity and direction: what is going to happen, when it will happen, and how it will happen. This structured approach allows for a clear understanding of objectives and the pathway to achieving them.

The first part—what is going to happen—defines the desired outcome or target. The second part—when will it happen—sets a timeline or deadline, which is crucial for accountability and motivation. Finally, the third part—how will it happen—outlines the specific actions, resources, or strategies needed to reach the goal. Together, these elements form a comprehensive plan that guides individuals or teams in their efforts to achieve specific objectives, ensuring that everyone is aligned and aware of their responsibilities.

In contrast, a purpose is more about the overarching reason or intent behind actions rather than detailing the specifics of implementation. A speech, while potentially informative, does not inherently include the structure of a goal statement. A budget is focused on financial planning and resource allocation, not necessarily on setting or achieving goals. Thus, the goal statement distinctly fulfills the criteria outlined in the question.