Milestone

A Milestone is a zero-duration schedule event marking the due date for accomplishment of a specified work scope or objective that is a major event or a critical activity of the project execution. The Milestone may mark the start of interim step, or the end of one or more activities for major key issues, and a necessary of external review or approval for the following activity. In general, the milestones do not impact project duration, but major progress achievement that must be met to achieve success, and the achievement is basis of the progress measurement and linked to the payment schedule.

Related Definitions in the Project: The Project Management; The Project Contract; The Project Schedule; Project Controls

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ThePD (The Project Definition)

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