The direct meaning of a “milestone” is a stone set up beside a road to mark the distance in miles to a particular place. It is also widely used to mark a significant achievement in a transformation initiative. E.g., the eradication of polio in Africa was a milestone in increasing living standards on this continent. In project management it marks a point in time when we achieved a significant change or stage in development. Project management milestones are always time-based. It points specific or expected achievements on a project timeline.
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