Project Milestones
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==Abstract== | ==Abstract== | ||
| + | Some studies have come to the conclusion that there is correlation between project planning and project success. <ref name="PMI"/>. In addition, according to the Project Management institute almost 40% of projects failures is due because of poor planning<ref name="Monday"/>. Due to that fact it is very important that project managers use good planning methods because planning is one of their responsibilities<ref name="PMI"/>. Project milestones is a project management tool that project managers find useful to identify important events in the life of the project<ref name="Book"/>. So, project milestones help project managers to track deadlines and critical dates, see potential bottlenecks and see how time and resources are allocated. By using project milestones, it can also give more visibility to stakeholders so they can see better how the project is going as well as the project teams will have a better overview of what they are responsible for<ref name="Workflow"/>. | ||
| + | The focus in this article will be on explaining what project milestones are, how they can be used and how SMART goals can be used to make the project milestones more effective. In addition to that the article will discuss on how project milestones are applied as well as pinpointing advantages, disadvantages, and limitations of the tool. | ||
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==References== | ==References== | ||
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| + | <ref name="PMI">Andersen, E. S. (2006). Milestone planning—a different planning approach. Paper presented at PMI® Global Congress 2006—Asia Pacific, Bangkok, Thailand. Newtown Square, PA: Project Management Institute.</ref> | ||
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| + | <ref name="Monday">Moore, Kaleigh. n.d. The importance of project milestones (and why you need them). Accessed February 18, 2021. https://monday.com/blog/project-management/the-importance-of-project-milestones-and-why-you-need-them/.</ref> | ||
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| + | <ref name="Book"/>Verzuh, E., (2005) The Fast Forward MBA in Project Management, 2nd ed., New York, NY: John Wiley & Sons, </ref> | ||
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| + | <ref name="Workflow"/>Eade, Dion. n.d. Workflow Max. Accessed February 19, 2021. https://www.workflowmax.com/blog/general-project-milestone. </ref> | ||
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| + | <ref name="Book 2"/>, AXELOS. 2017. Managing Successful Projects with PRINCE2 2017 Edition. London: The Stationery Office Ltd. Accessed February 16, 2021. ProQuest Ebook Central. </ref> | ||
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| + | <ref name="Book 3"/>P.M.I. (2017). A Guide to the Project Management Body of Knowledge (6th ed.). Project Management Institute. </ref> | ||
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| + | <ref name="Balance"/>Harrin, Elizabeth. 2018. Using Milestones in Project Management. November 05. Accessed Feburary 19, 2021. https://www.thebalancecareers.com/what-is-a-project-milestone-3990338. </ref> | ||
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| + | <ref name=" Project Manager "/>Westland, Jason. 2020. What Are Milestones in Project Management? September 23. Accessed February 19, 2021. https://www.projectmanager.com/blog/milestones-project-management. </ref> | ||
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| + | <ref name="Smart"/>1010. The 10 Traits of Highly Effective Project Milestones. February 11. Accessed February 19, 2021. https://web.archive.org/web/20100215015240/http://www.pmhut.com/the-10-traits-of-highly-effective-project-milestones. </ref> | ||
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| + | <ref name="Indeed"/>2019. How to Set and Track Project Milestones. December 12. Accessed February 18, 2021. https://www.indeed.com/career-advice/career-development/set-and-track-project-milestones. </ref> | ||
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| + | <ref name="Toolkit"/>n.d. Using Milestones to Track Project Progress and Accomplishments. Accessed February 19, 2021. https://www.ittoolkit.com/articles/project-milestones. </ref> | ||
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| + | </references> | ||
Revision as of 23:24, 21 February 2021
Contents |
Abstract
Some studies have come to the conclusion that there is correlation between project planning and project success. [1]. In addition, according to the Project Management institute almost 40% of projects failures is due because of poor planning[2]. Due to that fact it is very important that project managers use good planning methods because planning is one of their responsibilities[1]. Project milestones is a project management tool that project managers find useful to identify important events in the life of the project[3]. So, project milestones help project managers to track deadlines and critical dates, see potential bottlenecks and see how time and resources are allocated. By using project milestones, it can also give more visibility to stakeholders so they can see better how the project is going as well as the project teams will have a better overview of what they are responsible for[4]. The focus in this article will be on explaining what project milestones are, how they can be used and how SMART goals can be used to make the project milestones more effective. In addition to that the article will discuss on how project milestones are applied as well as pinpointing advantages, disadvantages, and limitations of the tool.
Introduction
Application
Limitation
Annotated bibliography
References
- ↑ 1.0 1.1 Andersen, E. S. (2006). Milestone planning—a different planning approach. Paper presented at PMI® Global Congress 2006—Asia Pacific, Bangkok, Thailand. Newtown Square, PA: Project Management Institute.
- ↑ Moore, Kaleigh. n.d. The importance of project milestones (and why you need them). Accessed February 18, 2021. https://monday.com/blog/project-management/the-importance-of-project-milestones-and-why-you-need-them/.
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