In stage gate methodology these phases are called stages.
Project management stage gate process.
A phase review process also referred to as a stage gate process is a project management technique in which an initiative or project e g.
At each gate continuation is decided by typically a.
Each tollgate marks a decision point whether to carry on the project.
Developed in the 1940s for large scale engineering projects this process has been used by many organizations driven by a need for quick product to market launches.
And it allows decision makers to stop the project if it is not doing so.
Therefore the stage gate process is a valuable part of project governance.
The stage gate process focusses on product innovation and is used as a project management tool.
Similar to the waterfall methodology the phase gate process is a linear project management concept punctuated by stages of development followed by benchmarks for assessment.
A phase gate process also referred to as a stage gate process or waterfall process is a project management technique in which an initiative or project e g new product development software development process improvement business change is divided into distinct stages or phases separated by decision points known as gates.
Phase gate methodology takes a holistic big picture overview of product development.
Each stage is designed to collect specific information or meet specific goals and cross functional teams collaborate and various functional capabilities are integrated into the development process.
Using the information you make available in the stage gate process they decide whether to.
It is a way to ensure that your project delivers what it should in a proper manner.