What does a milestone chart visually represent?

A milestone chart is a specialized project management tool that focuses on key events or milestones throughout the project timeline. It visually represents specific points of progress, indicating when significant tasks or phases should be completed. By highlighting milestones and their scheduled completion dates, stakeholders can easily track the progress of the project and identify critical points that impact overall timelines.

In contrast, other options represent different aspects of project management that are not the primary focus of a milestone chart. For example, while budget allocations and interdependencies among tasks are important for project planning and management, they are not visually depicted in a milestone chart. Similarly, an overall project risk assessment involves evaluating potential risks and their impact on the project, which is outside the scope of what a milestone chart conveys. Thus, the primary feature of a milestone chart is its emphasis on milestones and their corresponding completion dates, making the correct answer the one that reflects this specific focus.