Milestonebased
Milestonebased, sometimes written milestone-based, is an approach to organizing work around predefined milestones rather than solely on calendar dates. In project management, product development, and contracting, milestones denote significant deliverables or events—such as design completion, prototype readiness, user acceptance, or regulatory approval. The milestonebased approach supports structured progress tracking, governance gates, and clear communication of status to stakeholders.
Planning begins by identifying milestones during initiation, assigning owners, and defining acceptance criteria and dependencies. A
Benefits include improved visibility into progress, staged decision points, risk management, and stronger stakeholder alignment. Limitations
Milestonebased arrangements are common in contracts with milestone-based payments and in roadmaps that nominate major releases
Best practices include defining SMART milestones, ensuring each milestone has verifiable deliverables, decoupling milestones from arbitrary