What is a Milestone?
In project management, a milestone is a significant point or event in a project timeline that marks progress or the completion of a major phase. Milestones are used to measure the project’s progress, assess performance, and ensure alignment with goals and objectives.
Milestones serve as checkpoints that provide project managers and stakeholders with a clear understanding of the project’s status, enabling them to make informed decisions, allocate resources effectively, and address any issues that may arise. By setting and achieving milestones, project teams can maintain momentum, stay on track, and successfully deliver the project within the desired timeframe.