I’m not sure if this might help, @Curtis_Kasefang, but we use custom fields to track milestones. We have 8 vital milestones in our development process, and we have a project template split up into 8 different sections to match. Each task in each section is allocated a milestone through a drop-down custom field. It looks like this:
My Team Leader can then run an advanced search based around those milestones. For example, if she wants to see which business cases have been approved, she can search for all tasks associated with that milestone and instantly see which ones have been marked complete. She can also see which dates various milestones are due across multiple projects.
It’s not exactly what you’re looking for, but it might be a workaround.