How to Create a Successful Project Charter: Milestone Schedule Edition
How many intermediate milestones should be included in the Milestone Schedule with Acceptance Criteria section of a project charter for a small to medium sized project?
Tracy is working with the project sponsor to create the project charter for a small to medium sized project. In the Milestone Schedule with Acceptance Criteria section of the project charter, how many intermediate milestones should she and the team include?
a. No intermediate milestones are needed.
b. One intermediate milestone is sufficient.
c. At least three intermediate milestones are recommended.
d. Two intermediate milestones are appropriate.
Answer
In the Milestone Schedule with Acceptance Criteria section of the project charter for a small to medium sized project, it is recommended to include at least three intermediate milestones.
Creating a successful project charter is a crucial step in the project management process. Among the key elements of a project charter is the Milestone Schedule with Acceptance Criteria section. This section helps to outline the key milestones and criteria that need to be achieved throughout the project's lifecycle.
When it comes to including intermediate milestones in the Milestone Schedule, it is essential to have a structured approach to tracking progress and ensuring that the project stays on course. Including at least three intermediate milestones provides a balance between having enough checkpoints to monitor progress effectively and not overwhelming the team with too many milestones.
These intermediate milestones serve as checkpoints or progress indicators throughout the project. They help the team to measure their progress, make necessary adjustments, and stay accountable. For example, these milestones could be tied to completing specific deliverables, conducting key meetings, or reaching important project milestones.
By including multiple intermediate milestones in the Milestone Schedule, Tracy and her team can establish a clear timeline, track progress effectively, and make informed decisions to keep the project on track. This structured approach to milestone setting contributes to the overall success of the project.
Remember, project management is all about staying organized, setting clear objectives, and continuously monitoring progress. Including at least three intermediate milestones in the Milestone Schedule is a recommended practice to ensure the success of small to medium sized projects.