oboloo

oboloo Glossary

Project Management Milestone

oboloo Glossary

Project Management Milestone

Project management milestones are defined as important points or events that signify the completion of a project task or phase. Milestones provide structure and focus to a project plan and help to measure progress against a project schedule.

Milestones are usually used to schedule future activities and provide a way to evaluate whether a project is on track. They are important checkpoints that allow project managers to monitor and adjust the project’s progress. Milestones help to identify potential problems before they become serious and can help keep the project on track. They also provide a way to evaluate the performance of project team members.

Milestones can be used to break down large projects into smaller, more manageable tasks, allowing resources to be allocated more effectively. Milestones should be specific, achievable, and measurable. They should be set at the beginning of the project and adjusted as the project progresses. Milestones should also be aligned with a project’s goals.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971