This document discusses milestones, walkthroughs, and inspections during the software development process. It explains that these activities provide visibility into the evolving product and allow teams to establish milestones, conduct reviews to find and fix errors, improve communication, and ensure the design satisfies requirements. The document focuses on the two major milestones: Preliminary Design Review (PDR) near the end of architectural design, and Critical Design Review (CDR) at the end of detailed design before implementation. These milestones can be formal or informal meetings and aim to demonstrate that expected characteristics and structure will satisfy customer needs at PDR, and provide a final decision point to proceed with building the system at CDR.