How do critical milestones contribute to successful implementation of strategic initiatives of an organization?
Respond to student response:
Critical milestones contribute to successful implementation of strategic initiatives of an organization because critical milestones essentially provide a road map for project implementation. Critical milestones serve as an input to the status of the firmâ€™s events and initiatives. â€œIn particular, a failure to complete milestones on schedule may diminish the probability that a project will be completed on time or on budgetâ€ (Nordmeyer, 2020, paragraph 4). The latter is very valuable and crucial information for the firm in regard to successful implementation and project success goals.
Nordmeyer, B. (2020). What is the importance of a milestone? Retrieved from: https://smallbusiness.chron.com/importance-milestone-51236.html
100-200 words. APA. No title page.