What are Project Target Dates

 Project Target Dates are specific dates on a project schedule which the project performers should be focused on while executing a project. These dates are usually associated with readiness of certain project deliveries, achievement of certain milestones, etc. They contrast against the deadlines (each project stage or deliverable may have its deadline) which are certain time limits that a project must never go beyond, so if some deadline is violated it makes no more sense to continue working at this project (its competitive advantages are lost irrevocably), while the target dates are not so critical – if some of them are missed, then work should be continued and completed anyway. 

In other words a deadline is a strict project constraint, while the target date is a desired objective which should be met according to project plan, but if it is violated, then a project gets into a state of schedule slippage (it risks to miss its completion deadline), and should be put back on track as soon as possible (probably by adding some additional resources, reviewing its scope, etc).

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