Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What are The Components of the Milestones?

user-image
Question added by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society
Date Posted: 2015/02/01
Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

I agree with Alex.

However, I would use the word 'elements' of a milestone. "Components" have a specific other meaning in the context of milestones.

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Milestones help you coordinate work across teams to deliver the right work at the right time, and let you see how work is unfolding in alignment with a key market deadline. Milestones also give executives and other stakeholders immediate, realtime visibility into your progress toward your business priorities.

Wolf Klaas Kinsbergen
by Wolf Klaas Kinsbergen , Managing Director, Designer , ingenieursbureau KB International NV

Milestone literally refers to a roadside marker that lists the distance to a particular location. These days, the word is more often used figuratively to refer to significant events in life, like graduating from college or getting married. It acts sort of like the road sign: it's often a moment when you reflect on where you stand in life. A milestone can also be a nonpersonal event that results in a big change, such as a milestone victory or a company's sales milestone.

So in a Project a Milestone is as mr. Al-Yazoeri named them, I add for a Project :

Preliminary Design

Final design

Filing for the permits

Tender specifications

shop drawings 

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

  • The milestone name.
  • The percent complete of the milestone.
  • The planned start.
  • The planned finish.
  • The actual start.
  • The actual finish.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Different parameters set for each of  the Milestone.     If it is construction the milestone could be One third completion; Half completion, three fourth completion, and  the total completion. This is as per our expectations at the beginning about the completion of a project.  Agree with your answer.

Thanks for invitation 

agreed with the answers given by members

hachem hadjira hachem hadjira
by hachem hadjira hachem hadjira , مسؤولة مصلحة بالكلية لحاملي الشهادات ورئيس,التعليم التقييم ،سيرت مكتب شؤون إجتماعية.مكلفة بالمخابر , جامعة العقيد أحمد دراية ولاية أدرار

i'am agree with the expert mr alexfor their answers

Experts enough answers

 

Greetings

LABIB KOOLI
by LABIB KOOLI , Director of the Sectoral Center for Training in Hotel Technologies at Southern Hammamet , Tunisian Vocational Training Agency (ATFP)

As milestone is keeping you on the right track, 

then it's components should be all the invested resources used to reach it.

 

جعفر هندي زين السقاف
by جعفر هندي زين السقاف , مهندس أستشاري , مشاريع اﻻشغال العامة

Agreed with colleagues answers

Kaamila Tahseen
by Kaamila Tahseen , Change Management Team Manager , cognizant technology solutions

components are Name and Time

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.