PMI Scheduling Professional Certification (PMI-SP) Practice Exam

What does a milestone chart represent in project scheduling?

1. The completion of all tasks in the project

2. The scheduled start or completion of major deliverables

3. An overview of financial metrics

4. A detailed task list with resource allocations

The correct answer is: The scheduled start or completion of major deliverables

A milestone chart is a visual representation used in project scheduling that highlights key events or significant points in a project’s timeline, such as the scheduled start or completion of major deliverables. By focusing on these milestones, stakeholders can quickly understand critical points of progress and achievement within the project, enabling them to assess if the project is on track. In contrast to other chart types, the milestone chart does not provide a comprehensive view of tasks or detailed resource allocations, nor does it serve as a financial overview. It emphasizes the timeline of deliverables and significant phases, making it a useful tool for high-level project management and communication. This allows project managers and teams to ensure that they are focusing their efforts on achieving these critical points, facilitating better planning and coordination throughout the project lifecycle.