What is a milestone and why is it needed?

Milestone — a significant checkpoint in a project that marks the achievement of a key stage or goal.

Why is a milestone needed:

• It helps track the project's progress and identify deviations in a timely manner.
• It serves as a reference point for the team and stakeholders, showing that certain tasks are completed.
• It allows for more effective planning of resources and time.
• It is used for reporting to clients or management.

For example, in software development, a milestone could be the completion of the design phase, the delivery of a prototype, or the release of the first version of the product.