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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.
S.M.A.R.T. (or SMART) is an acronym used as a mnemonic device to establish criteria for effective goal-setting and objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development.
Project management is the process of supervising the work of a team to achieve all project goals within the given constraints. [1] This information is usually described in project documentation, created at the beginning of the development process.
In project management, the Tuckman Ladder is referenced and used extensively by project managers to help them assemble and guide teams toward success. [2] In project management, the Tuckman Ladder's phases are not always realized in a linear fashion; it is common for teams to progress to the next phase and then wind up back at a previous phase ...
Rolling-wave planning is the process of project planning in waves as the project proceeds and later details become clearer; similar to the techniques used in agile software development approaches like Scrum. [1] Work to be done in the near term is based on high-level assumptions; also, high-level milestones are set.
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