How do big companies and organizations track their project progress

and stay on top of their tasks? They employ project milestones, which

help them reduce project failure, give project leaders a sense of

direction, and show progress to the stakeholders.



On the other hand, the lack of clarity can quickly cause your team to

derail from their plans. In this article, we'll dive into the

importance of project milestones, how to set them, and best practices

for tracking them effectively.



WHAT ARE PROJECT MILESTONES?



Project milestones are significant events or achievements that mark

key stages in a project's progress toward completion. They are the

checkpoints that help track and measure project success, ensuring the

project stays on schedule and budget.



A milestone list is a document that includes all the key milestones

for a project, such as its definition, due dates, dependencies, and

any other relevant information. In short, project milestones are the

critical steps you must complete ...