What term is used to set a milestone in the life-cycle of an object?

The term used to set a milestone in the life-cycle of an object is "Landmark." In the context of business object management, a landmark signifies a significant point in the progression of an object's lifecycle, marking important stages and providing reference points for tracking progress or changes over time. This terminology is particularly relevant in environments where projects are structured with distinct phases, allowing teams to manage and assess the development of objects systematically.

Landmarks play a critical role in facilitating both project tracking and communication among stakeholders. By establishing clear milestones, teams can ensure that all members are aligned regarding progress, potential challenges, and upcoming objectives. This enhances accountability and helps maintain momentum toward project goals. Landmarks ultimately contribute to more efficient project management by providing a clear framework within which the lifecycle of an object can be navigated effectively.