What is a Milestone?
A milestone is a specific point along a project's timeline that marks the completion of a major phase or a significant achievement. Milestones are used to break a large project down into smaller, more manageable parts. They act as checkpoints to help the project team track their progress and make sure they are on schedule. For example, in a partnership launch, key milestones might include signing the contract, completing partner onboarding, and launching the first joint marketing campaign. Hitting these milestones is a sign that the partnership is moving forward successfully.