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This is regarding the project control and monitoring
Control milestone missed can be recoverable. No LD applied
Major milestome missed LD can be recover. But LD applied
Keymilestone missed can not be achieveable (required to revise the program) , LD apply
Key milestones are the milestones which affects the nature of the project from a shape into another completely different one. For example, the feasibility study milestone of a power plant can results into directing the whole following activities of the project into different way based in the selected design/technology of such power plant.
Major milestones are those milestones which affects the full critical path of the project but using a great effort and huge resources. Minor milestones - on the other hand - are also critical but depending on lower level of resources.
Control milestones are the turning points which moves the project from a long phase into another progressing different phase, such as ending the construction phase and starting the finishing phase.
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