Project Manager - How does a project manager calculate milestones in a project?

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Project Manager | Question 19 of 32

How does a project manager calculate milestones in a project?

Total Answers and Comments: 3

Last Update: December 05, 2007 Asked by: RajivPrasad

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February 09, 2007 02:15:07

krraju82

RE: How does a project manager calculate milestones in...

Milestone calculation in a project is purely based on past existing projects time line, technology used and the cost.

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February 21, 2007 08:53:20

Subbu

RE: How does a project manager calculate milestones in...

Milestones are calculated based on the estimation technique like FunctionPoint Analysis.

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December 05, 2007 05:03:03

mgayathry01

Member Since: December 2007 Contribution: 7

RE: How does a project manager calculate milestones in a project?

Milestones are zero duration activities that mark the completion of a certain set of project activities. They are mostly used to report the project status to the senior management. Also, the completion of each milestone signifies decreasing risk.

Hence a PM could frame milestones based on project phases : Requirements gathering, Analysis, Design, Development, Testing, Implementation etc could constitute one milestone each.

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