What is one way that milestones assist project managers?

Milestones play a crucial role in project management by allowing for quick decision-making throughout the life cycle of a project. Milestones are significant points or events in a project's timeline that indicate the completion of a key phase or deliverable. By establishing these reference points, project managers can quickly assess the progress of the project relative to the timeline and make informed decisions regarding resource allocation, project direction, and any necessary adjustments.

When a milestone is reached, it often triggers a review of the project's current status, helping to identify any potential issues or delays. This is vital for keeping the project on track and ensuring that it meets deadlines. By facilitating timely evaluations, milestones help project managers navigate complex situations, ultimately leading to smoother project execution and management.

The other options do not encapsulate the essence of how milestones function in project management. For instance, milestones do not replace project budgets, nor do they specifically mark the end of meetings or create training schedules. Their primary utility lies in enhancing decision-making processes.