What is milestone in SAP PS - Project System?

SAP Term: milestone

• Component: PS

• Component Name: Project System

• Description: An event of special importance. Milestones can be used in a project to designate significant events or the completion of a project phase. Milestones are used in the : For progress analysis As release stop indicators To trigger predefined functions and workflow tasks Basis-Services/Kommunikationsschnittstellen BC-SRV Technically speaking, a milestone is a date where the start and end times are identical.

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• Key Concepts: 
  A milestone in SAP Project System (PS) is a significant event or point in time that marks the completion of a project phase or task. Milestones are used to track progress and provide an overview of the project timeline. They are also used to trigger payments or other activities related to the project. 
  
  How to use it: 
  Milestones can be created in SAP PS by entering the milestone name, description, and start and end dates. Milestones can also be linked to other objects such as activities, documents, and materials. Once created, milestones can be monitored and tracked using the project overview screen. 
  
  Tips & Tricks: 
  It is important to create milestones that are realistic and achievable. This will help ensure that the project timeline is accurate and that progress is tracked accurately. It is also important to ensure that all stakeholders are aware of the milestones and their associated tasks. 
  
  Related Information: 
  For more information on milestones in SAP PS, please refer to the SAP Help Portal or contact your local SAP support team.