Milestone

Description of Milestone. Explanation.

Definition Milestone. Description.

A Milestone in project or program management is a scheduled checkpoint that marks the completion of some major deliverables, work packages or phase. A milestone by definition has a duration of zero and no effort. There is no work associated with a milestone. It is like a flag or signal in the work plan to signify that some work has completed.

Typical milestones are: completion, endorsement or signing of a deliverable, document or a high level review meeting. It is used to validate how the project is progressing and to revalidate work. It is also used as high-level snapshots for management to validate the progress of the project. Often, there is a decision that needs to be made at a milestone regarding the future of a project.

Compare with: Gantt Chart  |  Deliverable  |  Prince2  |  OPM3  |  MSP  |  PMMM  |  IPMA Competence Baseline (ICB)  |  PMBOK

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End of description Milestone. An explanation.