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Milestones are tools used in project management to mark specific points along a project timeline. These points may signal anchors such as a project start and end date, or a need for external review or input and budget checks. Some contracts for products include a "milestone fee" that may be paid out when certain points are achieved.
In project management, a schedule is a listing of a project's milestones, activities, and deliverables. Usually dependencies and resources are defined for each task, then start and finish dates are estimated from the resource allocation , budget , task duration , and scheduled events.
In configuration management, the configuration of a project is not the same as a baseline in the project but the two could coincide. Fixed baselines often coincide with or signify project milestones, such as the set of items at a particular certifying review. [3] Some examples include:
dotProject is mostly a task-oriented project management system, predating contemporary tools addressing methodologies such as Agile software development.Instead, it uses the "waterfall" model to manage tasks, sequentially and/or in parallel, assigned to different members of a team or teams, and establishing dependencies between tasks and milestones.
Project management office –: The Project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects.
There are differences between Open Workbench and Microsoft Project. [4] Chief among them is that Open Workbench schedules based on effort whereas MS Project's default scheduling method is based on duration, although the user can change the method to work (effort).
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