Milestones 

Purpose

In general milestones are used to mark the transition between various phases or departments. You can also use Milestones for other tasks and functions in the Project System.

You can create milestones for activities and WBS elements. They can be used for the following tasks:

Milestone trend analysis is a simple and effective method of controlling dates in a project. The milestone dates on different report dates are compared. In the graphical MTA chart you recognize trends and delays immediately.

The milestone technique is one of the measurement techniques for determining the earned value in earned value analysis. Each milestone represents the portion of the work that is completed in an activity or in a WBS element.

A milestone is linked with a date in the billing plan. When the milestone is reached, the actual date of the milestone is copied into the billing plan.

You trigger a series of events to process a particular business process with milestone functions.