What is the process of "milestone planning"?

Milestone planning is a crucial process in project management that involves establishing significant deadlines and checkpoints within a project timeline. This process helps in outlining key phases, deliverables, and the overall schedule of a project. By identifying milestones, project managers can monitor progress more effectively, ensure that essential tasks are completed on time, and address issues proactively.

Milestones serve as reference points to gauge whether the project is on track. They help in coordinating team efforts by providing clarity on deadlines and expectations, allowing for easier communication and accountability among team members. Overall, milestone planning enhances the efficiency and success of project execution.