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A milestone, when placed in project management software, is done as a zero-time task and appears with a special notation (black diamond in this case). Milestones are tools used in project management to mark specific points along a project timeline .
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 project management, a critical path is the sequence of project network activities that adds up to the longest overall duration, regardless of whether that longest duration has float or not. This determines the shortest time possible to complete the project.
PERT network chart for a seven-month project with five milestones (10 through 50) and six activities (A through F).. The program evaluation and review technique (PERT) is a statistical tool used in project management, which was designed to analyze and represent the tasks involved in completing a given project.
Test and evaluation master plan (TEMP) is a critical aspect of project management involving complex systems that must satisfy specification requirements. The TEMP is used to support programmatic events called milestone decisions that separate the individual phases of a project.
In project planning, a slippage is the act of missing a deadline. It can be an arbitrary milestone put in place to help track progress. To avoid slippage, one must plan their projects (especially research) carefully to avoid delays in schedule. Using Gantt charts and timeline diagrams can help. [1]