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Milestones are tools used in project management to mark specific points along a project timeline. These points may signal anchors such as a project start and end date, or a need for external review or input and budget checks. Some contracts for products include a "milestone fee" that may be paid out when certain points are achieved.
For example, cold weather operation may require operation to be evaluated at temperatures below C using an environmental chamber. Evaluation of operation with a vehicle interface may require compatibility evaluation with a vibration test. Evaluation of an Internet store would require the system to take the user through a product purchase while ...
The project has two critical paths: activities B and C, or A, D, and F – giving a minimum project time of 7 months with fast tracking. Activity E is sub-critical, and has a float of 1 month. The critical path method ( CPM ), or critical path analysis ( CPA ), is an algorithm for scheduling a set of project activities. [ 1 ]
Project scope: The scope statement from the Project charter should be used as a starting point with more details about what the project includes and what it does not include (in-scope and out-of-scope). Milestone list: A list of the project milestones (the stop points that helps evaluating the progress of the project).
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[7] [8] Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project. [1] Terminal elements and summary elements constitute the work breakdown structure of the project. Modern Gantt charts also show the dependency (i.e., precedence network) relationships between activities. Gantt charts can be ...
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A project burndown chart. A burndown chart for a completed iteration is shown above and can be read by knowing the following: [4] X axis The project/iteration timeline Y axis The work that needs to be completed for the project. The time or story point estimates for the work remaining will be represented by this axis. [3] Project start point
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