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Define Project Milestone

Dreading your next project milestone? It’s a date you hope nobody remembers so it can slip silently into the night. Watch Kat in the video below.

Define Project Milestone: A date marking a significant event in the lifestyle of a project. Standard Time® has billable milestones.

Project milestones mark dates where you evaluate the state of your project. They could be customer related, like a date you can invoice the client for work performed. Or, they could be go/no go events where you evaluate the status of your work and decide if you can move forward to the next phase. Project milestones could trigger staff meetings to bring everyone onto the same page, and make sure everyone is ready to proceed with the project. Is there anything outstanding? Any reason not to begin the next phase? Finally, project milestones can relate to release dates. You have completed a phase of the project and are ready for public delivery and release.

As stated above, ST has project milestones. You can get email notifications for upcoming milestones, and view a short list of them. Project milestones can be used for client invoicing. Just choose the billing type: date range, percentage of project cost, or fixed amount. The actual invoice amount is based on the project milestone settings.

Watch the video and give project milestones a try.

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Define Project Tracker

Is your project wrecking your company and leaving you destitute? The problem may be your project tracker. Watch the video below for a definition.

Define: Project Tracker. A system for monitoring long-term and cohesive activities, usually in software.  Standard Time® is such a project tracker.

It’s true; projects can go crazy without a project tracker. Employees camp out on favorite tasks, and convince managers that more time is needed. Tasks go over budget, and nobody notices slowdown trends that triple the project duration. Feature creep balloons up the scope until you wake up one morning and realize you’re chasing a moving target… or the moving target is chasing you. You have to get things under control, but you don’t know how.

Those are some of the things a good project tracker can do. You can set “do not exceed” percentages for tasks. That holds tasks to a reasonable duration. It prevents the slow lag from developing. You can monitor new tasks added to the project to prevent feature creep. You can view the health of your project with Project Triangle charts. You can check resource levels to make sure nobody is over or under allocated.

Are you running a project tracker? Why not try Standard Time?