What Is a Milestone?

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. In many instances, milestones do not impact project duration.

What is an example of a milestone?

Some examples of milestones include: high priority tasks, checkpoints and deliverables. They can also include obtaining funding and patents, producing prototypes and press releases, hiring staff and signing contracts.

How do you define a milestone?

A milestone is a specific point within a project's life cycle used to measure the progress toward the ultimate goal. Milestones in project management are used as signal posts for a project's start or end date, external reviews or input, budget checks, submission of a major deliverable, etc.