# What is the Statement of Milestones (SoM)? All funded projects are required to identify and document the key milestones of their project during the onboarding process before funds begin to be disbursed. This document is known as the Statement of Milestones and will be located in the [Milestone Module](https://milestones.projectcatalyst.io/). This tool automates all processes for submitting, reviewing, approving, and managing the key milestones of a project throughout the project lifecycle. Milestone-based funding enables funded projects to lay out their critical path to delivering their promises, highlighting each key milestone, output, acceptance criteria, costs, and evidence of achievements. In this context, a milestone is an important event or action in a project or business journey that marks a crucial stage of progress. It is an essential reporting tool to inform the Catalyst team and the community about the project's progress. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.projectcatalyst.io/previous-funds/fund12-docs/project-onboarding/milestone-reviewers-guides/what-is-the-statement-of-milestones-som.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.