I am not really quiet sure how missing a milestone would lead to any success. I agree with other that it greatly depends on the importance of that specific milestone to the project. However, i can't imagine how having it being called a milestone from the beginning doesn't eliminate that it from the possibility of being not important. On the contrary, missing a milestone can severely impact the timeline and the process of the entire project.

Thinking optimistically, I think the only way a missed milestone could be a positive would be when it reveals an issue. From what I gather, sometimes project managers don't have total control over the deadlines of a project. Sometimes it's dictated by a consumer, a sales manager, or a higher-up that may not have the insight into how long processes and tasks can take. Thus when milestones are missed, these people are forced to understand why this didn't happen and learn from this mistake. Wishful thinking of course.

Missing a milestone can stem for several reasons. It is important to point that out. However, in general, I believe that missing a milestone is not beneficial for the project. This is because a lot of the further stages of the project depend on the completion of the previous components of the project. This causes problems because this prevents the furtherance of the project into the next stage. If there is an unforeseen problem that comes up which prevents the project from continuing, it is important that this type of setback be factored in when making of the initial schedule. When the PM creates the schedule, it is in the best interest to come up with a schedule that factors in a thorough development of the assigned stage. Missing a milestone not only uses up time but also cost. Every aspect of the project costs money and extending/prolonging it increases the cost. In order to prevent recalls and ensuring the product is safe and works as expected, another group within the project is assigned to do that and does the assessment concurrently as the development in order to save time.

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.

Missing a milestone, depending on what it is, can be very debilitating or a minor setbacks. Milestones are set as goals met by a PM in order to show their progress to their boss or their customer. It usually happens that the client is the one that required the milestones in the first place. When releasing a product missing milestones does not relate to future successes in a company. In industry, accountability is very important and every milestone completed helps watch your own back. The second an instance occurs where there is an issue because of a missed milestone, that can lead to not only huge setbacks in a project but also legal disputes that can stop a project all together.

Milestone planning is one of the most vital aspects od a project planning since these milestones are the visible indicators of a project progress. Milestone marks critical decision points such as completing major project task and ending of various phases. Missing milestone is better than recalls and bad effects on the consumers. Setting up of reasonable time for the completion of the project deadline is an agreeable solution to this than facing problems with missing the milestone. Identifying the critical path would help the project from missing the milestone. Checking with the resources such as if team members are overloaded with another projects. Identifying if more team members are need in the project. Presenting project plan with a realistic estimated schedule and scheduling daily project status meeting will focus on completion of the near- term tasks. I don’t think missing the milestone should affect the future success because there will better planning for achieving the target.

Missing a milestone leads to failure of a project. Milestones can be used to determine the success of your project and super effective way to manage multiple projects at the same time effectively. All milestones should be specific and measurable and they should clearly identify what needs to be achieved . The project lifecycle is most likely subject to change,milestones should be changed accordingly, some milestones may be eliminated, some may be modified and new ones may appear. Milestones are extremely project specific, even if you are doing the same type of projects . Each project has different stakeholders, different clients with different views, and different deliverables in terms of significance . As Milestones helps to measure progress and they must be defined at the start of the project missing it can cause the project get out of control. Without a project milestone tracking we are just monitoring the tasks without following the right path in the project. If you begin missing key milestones, evaluate where the project is falling off course, determine how you can make up ground to get back on track.

I believe that missing a milestone at any point is bad. Sometimes it can cause a hell to the project and sometimes not. When it come to any project that is affected due to missing milestone it can causes company a significant loss and some knowledge to learn for future. Even when you get out of any loss or no loss at all for missing a milestone it may affect you by missing it one more time as nothing changed or lost due to that. But it may cause significant effect for missing it again in any other project. So following the protocol is important whether it is significant for any project or not.

Missing a Milestone is bad, however, should not be deadly to a project. A well-designed project will have some wiggle room in case of tasks not going as expected. A missed milestone may also set you back budget-wise, but effective budgeting can account for it. Overall, missing a milestone is bad yet it also provides a learning experience. Therefore, missing a milestone is a bad thing that can set you up for future success as well.

Missing a milestone can be detrimental. Milestones are set in the first place because they represent important instances in the work process. However, how bad the missed milestone depends on how easy the remedy for it is. If a milestone was missed because an engineer didn't prioritize their time well, that is not as bad of a situation and the work can easily be transferred over to someone else. If a milestone was missed because the project turned out to be more difficult and requires more time, then that is more of a challenge because there is something inherently wrong with the project design itself. As a lot of people have said above, missing milestones can be a learning experience. For the engineer who mismanaged his time, he will learn better time management skill from this project. For the project manager who didn't see the full scope of his project, he will learn to be more vigilant in his planning.

I don't really think there is a way to spin it that missing a milestone on a project is a positive thing. I understand what you are saying, in that missing a milestone means you are in turn spending more time on the specific task or step, therefore better perfecting it moving forward. However, had this task been done in the same fashion on time, the next step in the process could already be underway. Use the chart in the PowerPoint for an example, there is a clear hierarchy of tasks that must get done in a timely fashion because others depend on their completion. Additionally, all of the effort that goes into planning time management, financial costs, and resources for the overall scope of the project could be thrown off track due to a missed milestone resulting in a lack of funds or resources for the project. In summation, yes missing a major milestone on a project is detrimental to the overall scope of the project.

I agree with the above statements, but in addition, missing a milestone is a bad thing no matter how you spin it. Take it as a learning experience for future improvement you may think, but in reality depending on how big the company is a missed milestone can be the difference between renewed funding and loss of contracts. Take a public biotech company for instance, the company will have shareholders and these people are in the know when it comes to when a milestone is supposed to be hit. If the company misses a major milestone its share price could sink incredibly low intra day when the news hits, thus bringing the value of the company down and may deter future funding opportunities especially if the next milestone is a ways away.

According to me, every milestone is important for any project. Therefore, any missed milestone will have an impact on a project. The only difference is whether the missed milestone falls under either of these two categories: major or minor. Minor milestone will not impact much on the project as much as major one. The datelines will change which will bring further changes in the schedule. So again, missed milestone does affect the project does not matter minor or major.

I think that answering your question is very dependent on the situation, and ones personal perspective.
For example, if a team misses a milestone due lack of preparation and negligence. What I mean to say is due to a lack of preparation. Then this is most definitely not a " link to future success" . This is simply a failure, a misuse of company money, resources and time. This can not be spun any other way.
On the other hand, if a milestone is missed due to uncontrollable variable then this is a different scenario. If a team was completely prepared and something came out of the blue which caused a milestone to be missed, then this could be viewed as a "link to future success." If what caused a milestone to be missed was so big and unpredictable then most likely it was bound to happen sooner or later, and it is most likely better that it happened while the project was still in development stages. That way possibly harm to someone and company lawsuits can be avoided.
Overall though I believe that this second scenario is very unlikely to occur. It is very difficult for some thing to come out of no where which could affect a project that badly. Most likely, if the team is well prepared then they will be able to predict any setbacks that may occur. So ultimately, I do not believe a missed milestone should be seen as a positive "link to success."

I think it depends on the frequency of the missed milestones, how novel the company is, and the companies' ability to financially support these "failures." While it is true that each failure brings the company valuable experience on what doesn't work, there is a limit to the magnitude of loss profits and time. For companies that are new to the design control process, failure to some extent is expected from setting unrealistic goals and underestimating the time required to complete each step. It is difficult and unlikely to come up with the optimal specifications and parameters of a product on the first shot. However, the company will need to pick up on the changes they need to make before they begin the next. In some cases, they made need to restructure the group and hire more employees with expertise in certain departments (like validation and quality control).