CRM | e-Commerce | Accounting | Inventory | PoS | Project management | MRP | etc.
A Milestone is an event which usually has a deadline, requires something be done or needs special attention. A Milestone helps keep the project team on the right track and also helps the Project Manager have a better overall picture of the project.
For example, you might have a Milestone for 'Delivery 1', 'Delivery 2', 'Final delivery' etc. Key deadlines are related directly to your project but they aren’t project tasks. Use a key deadline as a milestone to reflect when a section of tasks or key task is completed.
In some projects you might have milestones for payment Milestones where the payment terms are linked to project stages, such as '20% on completion of design', '20% on commencement of manufacturing'. When you hit these Milestones something needs special attention (money needs paying!).
The Milestone is not a task though. Use tasks to get people to do something then use a Milestone to mark that it is done.
* Milestone project start
* Milestone 30% payment due on manufacturing start
* Milestone manufacturing complete
========== Installation & Commissioning
* Milestone project complete
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|Asked: 7/9/14, 3:12 AM|
|Seen: 1239 times|
|Last updated: 3/16/15, 8:10 AM|