The present invention provides a method for calibrating a geodetic instrument, an instrument and a computer program product thereof. In the method and geodetic instrument of the present invention, a value of at least one parameter affecting the measurements made by the instrument is detected and compared with a predetermined threshold. On the basis of the comparison between the detected value and the predetermined threshold, the instrument aims at a reference target and a calibration is performed using the reference target. The present invention is advantageous in that the accuracy and reliability of the measurements performed by the instrument are increased. Further, the present invention is advantageous in that the requirements on mechanical stability are reduced.