This paper examines ChatGPT's capability in evaluating educational learning outcomes, investigating its effectiveness in assessing SMART criteria alignment and identifying the presence of fundamental components. The hypothesis posits that ChatGPT can proficiently accomplish these tasks, offering potential benefits to educational design and assessment processes. Through exemplar learning outcomes, the study showcases ChatGPT's ability to discern SMART criteria alignment. Furthermore, it demonstrates ChatGPT's competence in identifying the fundamental components, substantiated by cogent explanations. The analysis underscores the congruence between ChatGPT's evaluations and human assessors' judgements, underscoring its potential utility in educational quality assurance. Implications for educational practice emphasise ChatGPT's potential to assist educators in formulating effective learning objectives, meeting SMART criteria and encapsulating crucial components. While ChatGPT's capabilities are promising, human expertise remains vital for nuanced evaluation. In conclusion, this paper illuminates ChatGPT's role in shaping educational outcomes and encourages further exploration into AI's potential impact on educational processes.