Milestones are a very important aspect of any project. They help keep the project on track so that there is no scope creep or time delays.
What Are Milestones in Project Management?
Milestones are events and activities used to monitor progress throughout the life cycle of a project. These key points serve as checkpoints for both the team working on the project and its stakeholders. Good milestones provide clear goals, highlight risks, and promote communication between teams.
Milestones may be natural events, like the delivery of major system components or resources. They could also be artificial designations created by a project manager – such as “end of design,” “Alpha testing,” etc.
In many cases, milestones will need to coincide with other projects in your organization, but you must make sure these interactions are planned for and accounted for in your schedule from the beginning. For example, if your company is working on a new software application and has scheduled an upgrade to its network infrastructure, you’ll want to account for this change not only on the network project’s timeline but also on any software development projects that will work within – or even take priority over – this time period.
Although there are no universal standards for milestones, there are some basic ones that you’ll likely run into during the course of your career.
Milestones should be:
Some people may say that milestones are not important for all types of projects and there is no such thing as a “milestone” on internal company projects.
However, if project managers want to make sure their teams deliver in time and within budget, then they need to think about how they can use milestones to prevent organizational problems. In order to do this, it’s best to focus on what you want the end-user or customer (in any kind of project) to feel like so you’re taking care of them even though you’re managing a team.
Even when we talk about regular software development projects, there are always milestones. For example:
In my experience working as a project manager for various companies (small to big), there are usually two things that people tend to do wrong on a regular basis when it comes to their projects.
They have all these big ideas and they want to get them out on the market right away. They move too fast and don’t plan ahead thinking more about what will happen after they launch the product rather than how or if they should even start it in the first place. When something fails with no proper planning behind it, you can expect that people will lose interest quickly and something else will come along that is bigger and better. However, this doesn’t necessarily mean your team isn’t doing its best.
Another thing is that companies have different goals. Someone wants to get the product out as soon as possible, someone else wants to make a nice and easy to use interface that really makes an impression on their users. Yet another one just want it done in the cheapest way possible so they’ll cut corners hoping no one will notice. And if you don’t tackle these issues before starting any project – chances are your project might not succeed at all. So the most important thing here is for the company or the team members themselves to figure out what their goals are set right from the beginning and how each milestone gets them closer towards those goals without compromising quality or moving too fast and without any setbacks along the way.