‘Milestones’ are a much used ingredient in a lot of projects – for good reasons. Milestones are important points on the project’s timeline. One could also call them checkpoints.
Generally speaking a milestone can be an event or a point in time, where
- something is finished
- something is started
- a decision has to be made, as in how to proceed.
Most of the time, milestones occur at the end of a project phase. But there can be additional milestones in between.
Milestones never define a stretch of time, but always a point on the timeline.
Look at the following example: Continue reading →
Alexander Blumenau (*1972) is a portfolio and project manager. With over a decade of international project experience he has been in charge as head of R&D in high-tech industries.
Originally Alexander started his career as a scientist and holds a doctoral degree in Physics. Besides his interests in project management, company processes and structures, he works as a free author and arts photographer.