Certified Meeting Professional (CMP) Practice Exam

What are milestones in project management?

1. Indicators of project quality

2. Key events that occur during the project

3. Activities that occur after project completion

4. Budget constraints of the project

The correct answer is: Key events that occur during the project

Milestones in project management are key events that mark significant points along the project timeline. They serve as critical checkpoints that help project managers and teams assess progress, stay on schedule, and ensure that key deliverables have been achieved. By identifying specific milestones, a project can be better organized, and stakeholders can be kept informed about important developments. These milestones can include the completion of major phases or tasks, the approval of project components, or the achievement of specific objectives. Celebrating these milestones can also motivate the project team and reinforce the importance of the project's goals. It's essential to distinguish milestones from other aspects of project management. For example, while indicators of project quality might inform how well tasks are executed, they do not represent specific points in time or achievements like milestones do. Similarly, activities that take place after project completion or budget constraints do not align with the definition of what constitutes a milestone within the project management framework.