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