How to Achieve Project Milestones in 5 Ways by Netrananda Get Our Tips Straight to your inbox T T T T April 12, 2021 If small wins give you a dopamine kick, so will achieving Project Milestones! Ever observed the signboards on the sides of highways indicating your completed and upcoming milestone? They help us keep our spirits high, assuring that we’re on the right path. This is exactly what Project Milestones do! When it comes to team projects, the success of a project milestone largely depends on how well is a project workflow managed. According to Project Management Institute, it’s evident that 37% of projects fail due to a lack of clearly defined objectives and milestones. This being said, by setting manageable yet productive milestones, achieving project targets becomes a piece of cake. What is a Project Milestone? Project Milestones are achievements or the completion of a major phase in a project. They serve as checkpoints on your project timeline. Additionally, they help you easily identify the current stage of your project plus how far you are from completion. Achieve Project Milestones with Orangescrum Try it free What are Project Milestones important? Inconsistency is the key factor that causes delays in the entire project delivery process, thus affecting business. Mapping milestones efficiently is quite a tedious job for Project Managers. Effective project planning builds the foundation for the next steps that lead to achieving a project milestone. Therefore, Milestone planning is a crucial part of project planning! Setting project milestones can help you to: Build a concrete project plan and structure. Spot potential workflow bottlenecks. Monitor project progress and deadlines. Control over project deliverables. Facilitate communication with stakeholders. Keeps the team on track. Improves team engagement. Highlights important dates. Analyze when the project can be completed. What do Project Milestones look like, in real project planning? Calling out major events, decisions, deliverables, and dates makes it easier for keeping projects on track. Here are some examples of Project Milestones that can be included in your plan— Start and end dates for project phases Key deliveries Requirements review Approval from Stakeholders Project phase milestones Final approval Why Project reporting is important in the Project Milestone process? How do you know if you’ve reached the final line and hit a milestone or you’re just enjoying an empty victory? Project reporting can be helpful in this situation. A status report can help determine the overall health of a project. It helps in analyzing if you’re behind schedule due to a change in project scope. Perhaps, a sudden shortage of resources can be recorded in a project report that can then help in rescheduling your project timeline. How to set Project Milestones? Identifying the pros and cons of a project makes a project go a long way. Before jumping over to achieving project milestones, it’s essential to learn the right way of setting milestones. Some factors worth considering while setting Project Milestones: 1. Scope & Complexity: Most of the milestones involve critical decision points. The whole point of planning a project milestone is to achieve the project scope and overcome its complexity in terms of resources, overload, duplication, and redundant tasks. 2. Project Timing: Milestones lose their importance if project timings are set close to one another. Spacing them out plus making them challenging to achieve triggers a sense of achievement too! 3. Frequency: Never label every task as a milestone! Space out your milestones and control their frequency to escape the negative impacts. “Orangescrum auto-creates your tasks and notifies you via email on the frequency set by you.” 4. Accountability: Each team member should be responsible to achieve a workable project milestone. Scheduling and improving project evaluation are factors that influence a team member’s accountability. How to achieve Project Milestones? 1. Set a Realistic Deadline Deadlines speak volumes about productivity. Setting a deadline is the first step to achieve a project milestone. Every project assigned should be attainable. This is why setting a realistic deadline is critical. Projects when easily attainable maximize productivity. Segregating tasks that are easy to achieve can help achieve a deadline. In short, Small tasks + Realistic tasks = Maximum Productivity 2. Set a Timeframe: Defining a timeframe without a doubt translates to setting a milestone. Without a timeframe to achieve a milestone, your project is bound to go haphazard. Milestones should include a start time/date and end time/date. To set a timeframe, it’s important to take project priorities and end goals into consideration. The entire project journey has to be mapped with time-bound milestones to make it a success. 3. Keep them Specific: Assigning vague and generic tasks that could have a common ground with other tasks can jumble up with other projects and cause confusion too. Milestones aren’t effective if they aren’t specifically tasked because it loses the whole reason of setting a milestone. Clearly defined actionable milestones can help you breakthrough smaller challenges more effectively with less effort. The key intent of being specific is ‘Clarity’ of tasks and forecasting future challenges. 4. Keep a Backup: A backup is required when too many milestones are scheduled at a time. If these milestones aren’t checked periodically, you could end up landing far behind your schedule. Resource backup simplifies the process of resource allocation. Having a backup of enough resources will prevent disruption in achieving milestones, plus maintain uniformity in the project as planned. 5. Focus on the progress: A project’s progress gets hampered when you’re stuck in the middle of two milestones. Resolve your queries and challenges while you’re working on your current milestones. Focusing on the past will only prevent you from progressing toward the end of the project journey. BONUS TIP! Carve a contingency plan tailored to each project while planning each milestone. Make this your backup friend in case of delays and replacement of resources due to the non-availability of resources for a longer duration. In this case, resource allocation in your milestone planning weaves a greater effect. Increase 3X Productivity with Orangescrum Centralized project, task and resource management for growing teams Get Started Free Please enter your email. Parting Thoughts Journeys are adventurous than the destination. Similarly, the journey of achieving milestones with overcoming challenges upgrades your knowledge and experience. Paving the way for successful project completion becomes a cakewalk with collaborative project management software. Measuring capabilities to an extent where transparency, team engagement and collaboration, and project completions make achieving a milestone worthwhile. Are you ready to celebrate a Project Milestone achievement? Making a mark in the Project Management space isn’t Orangescrum’s only achievement. Helping clients to overcome crucial challenges while achieving milestones has made this Project Management tool one of their favorites! Ready to experience Orangescrum?