How to Assign Milestones to Startups
Introduction
Milestones are a critical feature in AcceleratorApp, helping startups and teams stay on track by setting measurable objectives. By assigning milestones, you can monitor progress, align goals, and ensure accountability for startup growth and program success. This article explains how to assign milestones to startups and customize them for specific needs.
Feature Location
In the Startup Portfolio, Milestones can be assigned by opening the desired Startup File and navigating to the Milestones tab.
Step by Step Actions
Assigning Milestones to an Individual Startup:
1. Navigate to the Startup Portfolio and select a specific startup.
2. Go to the Milestones tab in the startup's profile.
3. Click the Create Plan orange button.
4. Select a pre-defined milestone or create a new one by filling in the following details:
- Milestone Name: Create a clear and descriptive title, such as “Launch MVP” or “Secure First Customer.”
- Start and End Date: Define a specific timeframe by setting the milestone's start and end dates.
- Goal: Specify the overarching objective or purpose that the milestone aims to achieve within the plan.
- Unit of Measure: Select the metric type used to quantify progress (e.g., percentage, amount, or binary completion).
- Target Result: Define the desired outcome or measurable achievement for the milestone.
- Progress Against Target: Track and update progress to show how close you are to meeting the milestone’s target.
- Summary: Provide detailed instructions or expectations to clarify the milestone's purpose and deliverables.
Click Save to confirm the milestone assignment.
Exporting Milestone Plans
Milestone plans can be easily exported as a PDF directly from the same section. Simply click on the Export icon to generate and download the document.
Related Articles
- Milestones Templates