Project Milestones

Project milestones are significant events or stages in project management, typically used to mark key points or important milestone events in the project's progress. These events are often associated with critical project objectives, milestone achievements, or the completion of key tasks. Project milestones can be either time-based or related to the completion of specific deliverables. They provide project managers with important decision-making information, helping them formulate and adjust project plans, resource allocation, and risk management strategies. Through project milestones, project managers can identify and assess project risks and issues in a timely manner, devise appropriate risk response measures, and mitigate project risks.