You will see that this
side is filled out illustratively. The other side is blank and ready for
you to break down your own venture into significant phases, each of
which is consummated by the achievement of an important milestone event.
On the other side, start by going to
the third line (the line which is captioned "Milestone 3").
Describe your current situation, i.e., what you are now working to
achieve, how you are doing it, its likely significance to the overall
success of the venture, the resources you are using, and the beginning date
(which is known) and the ending date (your best educated guess) which are
associated with the ultimate achievement of this particular milestone.
Next, go up above this "current" line of activity and describe the two "most
major" prior milestone events that you have already achieved. Finally,
using the same format, please fill in the lines for Milestones 4, 5, 6, and
7 and their respective activities, significance to the value and/or ultimate
success of the venture, your resource requirements, and the likely timing.
That's it. Simple, huh?