Planning is fundamental to all Project Management, and one of the most basic and robust approaches to planning is Milestone Planning.
Dr Mike Clayton is founder of OnlinePMCourses.com.
Here, he answers this question, in under 5 minutes.
Project Managers have many responsibilities. And one of the most difficult is Project Estimation: to predict what will happen in the future. Because projects are fraught with uncertainty.
And Project Sponsors dislike uncertainty. So they expect Project Managers to reduce it. So, they want you to manage project risks and estimate uncertain, future outcomes like: