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How to Set and Track 5 Essential Milestones for Project Success

Learn how to set and track 5 key project milestones to ensure success. Discover the best practices for managing milestones and keeping your project on track.

February 2, 2025

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What are milestones in project management?

Milestones are a kind of checkpoints that help to track progress. They allow the team and the project manager to understand that the movement is going in the right direction.
For example, a milestone can be considered the creation of an application prototype, signing a contract, etc. The fulfillment of certain tasks preceded each of these events.

The 4 main functions of milestones:

  1. Controlling. Milestones can be used to see where the work is at in the process. You can also use them to make assumptions about whether the team will be able to finish the work within the deadline;
  2. Corrective. Milestones help to track problem areas and adjust actions to avoid critical errors in the future;
  3. Showing. Not every investor needs to know about the fulfillment of milestones. However, it is important to inform him about the achievement of a milestone: this way the interested person will understand what stage the development is at. He will also know that everything is going according to plan;
  4. Inspirational. As soon as a new milestone is reached, the whole team has a reason to celebrate. This is how working on long-term projects turns from tedious to interesting and stimulating involvement of the whole team.

How to properly set up Milestones for a long-term project

Project planning involves setting goals, objectives, and milestones. However, simply defining these elements is not enough—it's crucial to align them with an effective scheduling strategy. To achieve this, follow a structured approach that ensures every milestone contributes to overall success. Learn more about the key steps in advanced planning in our guide: Advanced Planning: 5 Steps to Schedule Success.

The goal is the result the team is striving for. To achieve it, you need to break down the entire journey into stages and tasks, i.e. activities that must be completed in a certain amount of time.
Milestones are key checkpoints that can coincide with the main stages, such as the beta testing stage.

The important thing is that, theoretically, milestones do not have a duration as such. They are just markers that will show the team how far they have come and how much further they have to go. Tasks and milestones have a duration. However, of course, it directly affects the time to reach the milestone.
If tasks are pushed back, it takes longer to reach the next milestone. If tasks are completed faster than the deadline, the milestone is closer.

Steps for implementing Milestones:

1. Set a goal

A well-defined goal is the foundation of successful project milestones. To ensure clarity and effectiveness, you can apply the SMART method, which helps create specific, measurable, achievable, relevant, and time-bound objectives. We previously covered this approach in detail—learn more about SMART goal setting and how it applies to stretch goals here.

2. Think through the steps to achieve the goal and the objectives for each one

Each milestone and task should have a deadline. In project management, it is recommended to set a longer time for each stage, not an ideal time.
People get sick, documents take weeks to sign, and mistakes happen. Some backlash will reduce the psychological pressure on team members and increase their motivation.

3. Think about milestones

To understand which events will be project milestones, identify for yourself what influences the outcome you are aiming for.
If it is difficult to identify milestones, consult with your team. Try not to spread the milestones too far apart. At the same time, don't create too many Milestones either.
It's important to find a balance where reaching milestones is a valuable incentive, but not so challenging that you have time to burn out.
If the project lasts several months, a comfortable interval to reach a milestone is two to three weeks.

4. Make a timeline

A well-structured timeline ensures that your project stays on track. Start by marking all key goals, milestones, and objectives on a visual timeline. Then, categorize milestones based on their significance—whether they indicate the completion of a major phase, approval points, or deadlines for critical tasks.

5. Prepare the documentation needed for the project

If employees need documentation to complete a certain task, prepare it right away. This way, employees don't have to spend time trying to find the supervisor's comments and requirements document.

6. Show the timeline to all employees

It's important that everyone understands exactly what their milestones are. Talk about Milestones and may even define rewards as they are achieved.

Effective methods for tracking progress in project management

1. Use of charts and timelines

Visualizing your project with charts and structured timelines helps streamline teamwork and prevent miscommunication. Assigning specific deadlines to each task ensures clarity, while graphical representations like Gantt charts help team members track progress and dependencies.

Moreover, using role-assignment frameworks can significantly reduce conflicts within the team. One such tool is the RACI matrix, which clarifies responsibilities and enhances collaboration by defining who is Responsible, Accountable, Consulted, and Informed for each task. Learn more about how the RACI matrix can improve team coordination here.

2. Regular reports and checkpoints

The need to report back is what drives employees to fulfill the work plan. Milestones are like towns on a highway that you have to pass through before you reach the end point. It is important to monitor the traffic and mark the distance traveled.

3. Use of Key Performance Indicators (KPIs)

KPIs can be used to measure progress. Having specific performance indicators helps to assess the quality of the team's work in an unbiased way.

4. Checking and adjusting milestones

Milestones are defined at the project planning stage. If in the process of implementation some of the milestones turned out to be not so important and, for example, new, more important milestones appeared on the horizon, the Milestones can be adjusted.

Tools for setting up and tracking Milestones

There are several tools that give you the ability to manage projects and track milestones.

1. Asana

- Ability to manage team projects;
- ease of adding tasks;
- easy control over task fulfillment.

2. Trello

- Ability to create boards for each project participant;
- tracking of task fulfillment
- planning of task fulfillment.

3. Microsoft Project

- the ability to create project tasks;
- the possibility of teamwork;
- organized overview of tasks with timing of their execution.

4. Voiset – AI-Powered Milestone Tracking

Managing project milestones can be difficult, especially when deadlines change or tasks pile up. Voiset makes milestone tracking easier with AI automation that improves workflow.

With Voiset, you can:

  • Create new tasks using AI, reducing manual work.
  • Automatically assign tasks based on team workload, improving efficiency.
  • Set milestones and track progress during the project.
  • Receive instant updates on task completion and delays.
  • Easily adjust milestones when deadlines shift to keep projects on schedule.

Voiset helps teams stay organized and focused by making milestone management simple and effective.

Integration of calendars and notifications

One of the key ways to track milestones effectively is by integrating calendars and notifications into your project workflow. These tools help teams stay on schedule, monitor progress, and make adjustments when needed.

How calendars and notifications improve milestone planning?

1. Notifications in Voiset

A team member receives a notification when a task is assigned and when it's time to start working.Notifications can be customized for individual needs, including:

  • Reminders about upcoming deadlines and overdue tasks.
  • Alerts when milestones are reached.

2. Calendars in Voiset

  • Set exact deadlines for each task.
  • Organize schedules across all work areas into a single, easy-to-understand timeline.
  • Show team workload when assigning tasks.
  • Easily adjust milestones when task deadlines or interim goals change.

The importance of milestones in project tracking

When traveling on a highway from point A to point B, we can get tired along the way, especially on long journeys. Objectives like "drive three hours at 50 miles per hour" help shape our journey.

  • Checkpoints are like milestones in a project—they are the key stages we must pass to reach our destination.
  • How we complete tasks along the way determines how quickly we reach these checkpoints.
  • Tracking progress regularly ensures we stay on the right path and make adjustments if needed.

Stay on track with Voiset to effectively track milestones and move toward your goals faster, use Voiset. With its AI-powered task management, calendar integration, and real-time notifications, Voiset helps teams stay organized, meet deadlines, and achieve success.