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Topics: PMI Standards
project schedule
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In marathon questionnaires on Challenges , observed this question has been asked twice but with different answer -

A project schedule that is presented in summary form is referred to as the______.

First Time : master schedule

Second Time : milestone schedule

Both seems correct in response.

is that mean milestone schedule equal to master schedule ?
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To my understanding they both are same.

Ref : PMBOK Guide 5th edition, Chapter 6 Project Time Management, page-182
"The project schedule presentation may be presented in summary form, sometimes referred to as the master schedule or milestone schedule , or presented in detail
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The Correct reply is master schedule which is using for material, product , staffing, inventory etc., we have MPS and MPG.

In Milestone schedule, we are not making summary always but sometimes we can make summary as well.
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The master schedule implies that there are sub-schedules.

The milestone schedule implies that it is a subset of a larger schedule with detailed activities
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Thanks on these inputs.
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As per Scheduling Standards,

1. Master Schedule: its a schedule prepared by coordinating with all stakeholders for the project by understanding scope/deliverable, divide the scope in WBS & activity level to make every on same page.
2. Milestone schedule: Its a contractual requirement or mutual agreement between client & contractor to execute the project with agreed significant points/events.
Network:1586



Hi Debasish,

Milestone is an significant point & event of a project. A milestone schedule is a summary-level schedule that identifies major key schedule milestone while Master schedule is a summary project schedule that identifies major deliverable and WBS components & key schedule milestone. They serve different purpose in scheduling.

As such, Master Schedule contain key schedule milestone but not otherwise.

I would feel that qualified PMI-SP should be able to share more precise answer.

PUI

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