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The Milestone

Greetings to all of you!!
Well my article is all about scheduling,so what is it?

I learn first the Milestone it is very applicable to all of the project managers like programmers. It is good to use in any type of businesses like a big company or in schools we can use it.


What is Milestone?


-It is the end of a stage that marks the completion of a work package or phase, typically marked by a high level event such as completion, endorsement or signing of a deliverable, document or a high level review meeting.


-(key stages in a project) but also indicates In addition to signaling the completion of a key deliverable, a milestone may also signify an important decision or the derivation of a critical piece of information, which outlines or affects the future of a project. In this sense, a milestone not only signifies distance traveled direction of travel since key decisions made at milestones may alter the route through the project plan.


How to use Milestone?


In milestone we should plan the projects first before we proceed. The planning is very important in scheduling and it is the best to balance our time to be successful.


-Milestones can add significant value to project scheduling. When combined with a sophisticated scheduling methodology such as PERT or CPM, milestones allow project management to much more accurately determine whether or not the project is on schedule. By constraining the dates associated with milestones, the critical path can be determined for major schedule intervals in addition to the entire project. Slack/float can also be calculated on each schedule interval. This segmentation of the project schedule into intervals allows earlier indication of schedule problems and a better view into the activities whose completion is critical to the project timeline.


Example Picture of Milestone:




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