Each stage ends with a gate.
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So at each stage gate the project s decision makers review your project against a set of criteria.
Astute project sponsors dialogue with their teams on important business and technical aspects of a project in this session participants will be on their feet tapping the wealth of experience in the room sharing lessons learned and contributing to the creation of the session s.
And the metaphor is simple.
Developed from extensive benchmarking studies the proprietary framework emphasizes and expertly integrates the 4 drivers of innovation performance.
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The number of stages varies from firm to firm.
You can t complete a stage and cross to the next one until you pass through the gate.
For example later on we will see the stage gate model of the design agencies park that consists of six phases.
A new tool for managing new products robert cooper business horizons may june 1990.
Well they are are both stage gate models because they both have gates and stages.
In a stage gate process you break your project into stages or phases.
A key component of well managed project portfolios is the skilled management of life cycle stage gate reviews.