milestone

  

Definitions (2)

1. General: Sub-objectives or stages into which a program or project is divided for monitoring and measurement of work performance.
2. Project management: Scheduled event that indicates the completion of a major deliverable event (or a set thereof) of a project. Milestones are measurable and observable and serve as progress markers (flags) but, by definition, are independent of time (have zero durations) therefore no work or consumption of resources is associated with them.

Business Tips

What are your financial projections?

You can't lead if you don't have a destination. Two critical milestones: 1) the point where more cash is coming into the business than going out in a given period, and 2) the point at which you finall ... Read more

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