Milestone (project management)
Major points in a project's timeline towards completion / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Milestone (project management)?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Milestones are tools used in project management to mark specific points along a project timeline. These points may signal anchors such as a project start and end date, or a need for external review or input and budget checks. Some contracts for products include a "milestone fee" that may be paid out when certain points are achieved.
This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
|
In many instances, milestones do not impact project duration. Instead, they focus on major progress points that must be reached to achieve success.[1]