Failures always teach us. Missing a milestone may be a bad thing for a company since it faces lose. But actually speaking it insist the team members to be cautious about future projects. For instance take a start up company of medical devices. They aren’t missing any milestones and downfall of any projects and at one point they are taking a huge project which involves lot of trials and safety issues. If there is some flaws are taking place in this project, the team members lack the ability to face the problem. They don’t know how to manage the entire scenario of the situation. Indirectly which leads to failure in a big way. Small failures are really worth to seek success. It is not okay to miss milestones. We should avoid it. But if it happens we should manage it by being sensible to the situation.