Critical Milestones discussion post response to student.

I’m trying to learn for my Management class and I’m stuck. Can you help?

Initial question

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 firm’s events and initiatives. “In particular, a failure to complete milestones on schedule may diminish the probability that a project will be completed on time or on budget” (Nordmeyer, 2020, paragraph 4). The latter is very valuable and crucial information for the firm in regard to successful implementation and project success goals.

Reference

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.