What do Key Date Milestones refer to in project management?

Key Date Milestones in project management represent essential checkpoints that track critical phases or deliverables of a project. These milestones serve as indicators of progress and are often associated with significant events that mark the advancement of a project towards its goals.

In the context provided, terms like FEA (Final Evaluation Approval), NEA (Notice of Exercise of the Authority), H2C (Hands to Contract), and Substantial Completion are specific milestones that denote important points in a project lifecycle. Achieving these milestones can trigger subsequent phases, signify the completion of extensive tasks, or lead to further evaluations, ensuring that the project adheres to its timeline and objectives.

Thus, recognizing these milestones enables project managers and teams to assess the project's status effectively, manage resources efficiently, and communicate progress to stakeholders.