Setting Effective Milestones for Success

What is important when setting effective milestones?

a. Milestones need to be concrete.

b. Milestones need to be aspirational.

c. Milestones need to be specific.

d. Milestones need to be measurable.

e. All of these alternatives are true.

Answer:

According to the Snapshot from Practice, "milestones need to be aspirational is not true" about setting effective milestones. (Option B)

Setting effective milestones involves creating specific and measurable targets that serve as checkpoints for progress toward a goal. While milestones need to be concrete, specific, and measurable (options a, c, and d), they do not necessarily need to be aspirational. Aspirational goals may be set at a higher level, beyond the scope of individual milestones. Milestones, on the other hand, should be attainable and realistic within a given timeframe, allowing for clear assessment and tracking of progress.

By focusing on concrete and measurable milestones, organizations can ensure that they are able to track their progress effectively and make necessary adjustments along the way. Therefore, option e, stating that all of the alternatives are true, is incorrect as option b is not true about setting effective milestones.

← Consumer surplus in economics understanding the discrepancy Risk and reward understanding the standard deviation of a portfolio →