Project Milestone Examples by Project Phase and Industry

Project milestones help break down projects into manageable parts, making tasks easier to organize. Below, you’ll find experts and dozens of real-life project milestone examples to help you better understand what is and isn’t a project milestone.

Included on this page, you’ll find project milestone examples for every project phase, from project initiation milestone examples to project closeout milestone examples, as well as industry-specific milestone examples for federal government projects, healthcare projects, software projects, and more.

What Is a Project Milestone?

A project milestone is a significant event or achievement that marks a point of progress in a project timeline. Project managers and teams often use milestones to measure and evaluate a project’s development.

Milestones and deliverables are related but not identical concepts in project management. A project deliverable is an output produced as a result of project work. A deliverable might also be a milestone if its completion signifies a significant point in a project’s progress. However, not all milestones are deliverables. Some milestones may represent the achievement of certain conditions or decisions that do not involve the delivery of a product. Similarly, not all deliverables are milestones, as they do not all signify major progress points.

If you want to learn more about identifying, setting, tracking, and sharing milestones, see this definitive guide to project milestones. To learn more about project deliverables, see this helpful guide to defining project deliverables.

Project Milestone Examples

Project milestones mark the achievement of key goals and objectives. To identify major milestones, start with the five phases of a project lifecycle: initiation, planning, execution, monitoring, and closeout.

The end of each phase marks a transition point that is critical for project stakeholders to assess progress, evaluate the quality of work completed, and make informed decisions about the next steps.

Learn more in this project manager’s guide to the project lifecycle.

There are also plenty of project milestones that can occur within each project phase. Here are a few examples:

Cristiano Bellucci

“I worked on open source projects and had major milestones during which all the partners had to present their software once they had developed and tested it. This happened twice per year,” says Cristiano Bellucci, Technology Vision Strategist at Fujitsu and Founder of DigitIdeas.com. “This is when a major release of the software occurred. Internally, we had minor milestones to mark the advancement of the development. These minor milestones relate to a minor version of the software. Having these minor versions of the software helped us to verify the status of the product and share it with other partners. By following such a process, we can always know if the software is ready for major releases.”

For free, downloadable resources to help you identify and track your project milestones, see this collection of project milestone templates.

Project Initiation Milestone Examples

The initiation phase is the first stage of a project, when teams define goals, assess feasibility, and develop a project plan. There are many project milestones that can occur within the initiation phase, such as these:

Project Planning Milestone Examples

The project planning phase is a critical stage during which the project manager and their team develop detailed plans, including timelines, resources, budgets, and risk management strategies. Here are several project milestones that might occur within the project planning phase:

Project Execution Milestone Examples

During the execution phase of a project, the team puts the finalized project plan into action, developing and completing deliverables according to the established plans and schedules. The following are some examples of project execution milestones:

Critical Path Method Diagram

For more information on identifying critical path activities, see this guide to critical tasks in CPM.

Project Monitoring and Control Milestone Examples

The fourth project phase, monitoring and control, involves the ongoing tracking and evaluation of project progress against planned objectives and milestones to ensure timely adjustments and adherence to quality standards, budget, and timelines.

Here are some examples of milestones that might occur in the monitoring and control phase:

Project Closeout Milestone Examples

The project closeout phase marks the completion of the project, during which the team submits final deliverables, evaluates project outcomes, and archives documentation. The following are example milestones that can occur within the project closeout phase:

In Summary: Each project phase represents a key milestone, but there can be many milestones within each phase.

Project Milestones by Industry

Some project milestones are universal, such as finalizing a budget or completing deliverables. Others are more specific to particular industries. For instance, the completion of the beta testing phase is an important milestone particular to software development projects.

Below are some industry-specific milestone examples to help you identify milestones in any project.

Construction Project Milestone Examples

In construction projects, milestones often involve physical, tangible stages of completion, such as foundation laying and structural completions, as opposed to other projects where milestones might focus more on conceptual progress.

Here are some construction project milestone examples:

To learn more about identifying milestones in a construction project, see this starter’s guide to construction project management.

IT/Software Development Project Milestone Examples

Milestones in IT and software development projects often center around the development lifecycle, which includes six phases: planning, analysis, design, implementation, testing and integration, and maintenance.

These milestones are more focused on the iterative development and validation of software functionalities, user feedback integration, and system performance in various environments.

Software Development Life Cycle

These are common milestones a software project manager might identify:

Joseph Harisson

Joseph Harisson, CEO of IT Companies Network, often uses project milestones in his work on cybersecurity projects. “One example was conducting a thorough vulnerability assessment of a client’s network infrastructure,” explains Harisson. “This milestone involved identifying potential weaknesses, analyzing their impact, and recommending appropriate security measures to mitigate the risks.”

Manufacturing Project Milestone Examples

In manufacturing projects, milestones typically revolve around the product development lifecycle, from conceptual design to market launch. These milestones are critical for tracking the progress of a product from idea to tangible item.

Here are some manufacturing project milestone examples:

Healthcare Project Milestone Examples

Healthcare projects often involve complex regulatory approvals, clinical trials, and the implementation of new medical technologies. The completion of each of these types of tasks signifies a major healthcare project milestone.

Here are some examples:

Dr. Thanu Jey

Dr. Thanu Jey, Medical Director and Founder at MediBrace

“When we were working on a new health monitor, reaching a milestone meant we did something big, like finishing our first design or getting the green light from health regulators,” says Dr. Thanu Jey, Medical Director and Founder at MediBrace. “On this project, our big moments included finishing the design, getting approval to go ahead, making our first working model, starting a test run with real patients, and finally, getting our product out for everyone to buy. These steps helped us stay on track and make sure everyone knew we were making real progress.”

Banking and Finance Project Milestone Examples

Banking and finance projects often focus on the development and implementation of new financial products and systems. Milestones in these projects help ensure that financial services remain secure, efficient, and compliant with industry regulations.

Here are some banking project milestone examples:

Federal Government Project Milestone Examples

Federal government projects often involve regulatory compliance, public engagement, and inter-agency collaboration. Milestones in these projects can include policy development, public consultation periods, compliance checks, and the implementation of services or infrastructure improvements.

Here are some federal government project milestone examples:

In 2021, the U.S. government agency NASA launched the James Webb Telescope, which has been able to produce detailed images of outer space that were, until then, impossible to capture.

NASA Image

Credit: NASA, ESA, CSA, STScI, Webb ERO Production Team

While the launch itself was a major milestone, many earlier milestones led to this exciting event, such as the completion of cryogenic testing, the installation of final flight mirrors, and the completion of the mirror design for the telescope’s infrared light.

Professional Services Project Milestone Examples

Professional services projects, such as consulting, legal services, or marketing campaigns, focus on client relationships, deliverable quality, and the achievement of specific client objectives.

Professional services project milestone examples include the following:

Education Project Milestone Examples

Education projects can range from the development of curricula to the enhancement of infrastructure and the integration of technology in classrooms.

Here are some typical education project milestone examples:

How to Create a Milestone in Smartsheet

It’s easy to mark and track project milestones in Smartsheet using pre-built, customizable templates in real time, from anywhere.

milestone gantt chart whole

This example of a project plan template with a built-in Gantt chart tracks tasks and milestones found in the Smartsheet Template Gallery. The template includes example project information that has everything you need to track your milestones and task status throughout a project.

milestone task name

Follow these steps to create a milestone icon in this template:

  1. Enter a description of the milestone in the Task Name column.
  2. Set the Start Date and End Date to the date the milestone will be achieved. Note: You need to set the start and end dates to the same date to create a milestone icon.
  3. Set the Duration to 0. This action will create a small diamond icon on the Gantt chart that signifies a milestone.

milestone gantt chart

Setting and editing tasks and milestones in this template ensures they are always visible in real time, from anywhere, to anyone with access to the sheet.

Use Smartsheet to Effectively Track Project Milestones

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