Milestone schedule – a view to success

The milestone is a flag or signal, at some clearly defined point in the project. The milestone flag indicates, that something special should have happened, or it is about to happen. The milestone is a point of control, placing target points in the project plan for certain events, to be signed off as completed.

Try to build a Milestone chart using these points and let’s discuss how it improved your planning.

• Completion of a Key Task – Example: Functional Analysis based on business requirements


• Completion of project deliverables – Example: First cut working demo, Database Design


• Stage for generation of benefits – Example: Reports


• Completion of third party significant event – Example: acceptance tests


• Completion of third party activity – Example: Delivery of equipment / Mobile


• Financial Audit Point


• Project Audit Point


• Quality Audit Point


• Significant decision point


• Completion of project stage to release further funding