What is the purpose of project milestones?

The purpose of project milestones is to signify critical points or phases in the timeline of a project. Milestones are specific markers that indicate significant moments or stages in a project's progress. They help project managers and teams track their advancement toward key objectives, ensuring that the project stays on schedule. By establishing these checkpoints, teams can evaluate whether they are meeting deadlines, adjust plans if necessary, and maintain a clear focus on the overall timeline.

While project budgets, resource allocation, and team performance assessments are important aspects of project management, they do not encompass the primary role of milestones. Understanding milestones is crucial for effective project planning and execution, as they provide a framework for measuring progress and ensuring that all tasks align with the project's goals.