Stage-Gate Process
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==Basic Elements of the Stage-Gate Process== | ==Basic Elements of the Stage-Gate Process== | ||
| − | + | The basic idea of a Stage-Gate Process is that the whole project is divided in a predetermined set of ''stages''. These stages consist of groups of related activities that end in so-called ''gates''. Gates are characterized as containing a set of deliverables or inputs, a set of criteria, and an output <ref name="Cooper1990"> Cooper, R.G. (1990). Stage-Gate Systems: A New Tool for Managing New Products. ''Business Horizons''. pp 44-54 </ref>. | |
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| + | '''Stages''' | ||
| + | Stages often consist of activities that follow the trajectory <ref name="Cooper2008" /ref> | ||
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| + | 1. Team obtains the needed information | ||
| + | 2. Team does the subsequent data integration | ||
| + | 3. Team conducts an analysis of the data | ||
==Application areas for the Stage-Gate Process== | ==Application areas for the Stage-Gate Process== | ||
Revision as of 16:18, 19 September 2017
Abstract
The Stage-Gate Process (also referred to as Phase-Gate Process) is a project management tool, dividing the time horizon of a project into several information-gathering stages. These stages are separated by so-called gates, which represent go/kill/recycle decisions for the project. The concept was introduced by Cooper (1986) in his book 'Winning At New Products'[1].
The central background of the Stage-Gate Process is rooted in the fact that companies have limited resources (e.g. time, money & capital goods). To make effective use of the available resources and to manage risks, a firm has to develop its project portfolio in a manner that only the most promising/beneficial projects are put through. Regular Stage-Gate Processes include 4 to 8 stages, which can be conducted in parallel or can be skipped depending on the preferences of the company [2][3]. The evaluation criteria at each gate are discussed upfront with the project group and are acted upon by the gatekeeper during a gate meeting. Each gate decision should be a objective process; anybody in the organization should come to the same conclusion.
A Stage-Gate Process is complementary to project evaluation methods that, for example, analyze resource availability, project-related risks or costs and benefits of the project. The method is also frequently used in combination with other project management tools, like Gantt Charts or Concurrent Engineering theory [4] The process can be used in most project-related contexts, but gained a lot attention in the field of new product development as a strategic pacing method [5]
Basic Elements of the Stage-Gate Process
The basic idea of a Stage-Gate Process is that the whole project is divided in a predetermined set of stages. These stages consist of groups of related activities that end in so-called gates. Gates are characterized as containing a set of deliverables or inputs, a set of criteria, and an output [6].
Stages Stages often consist of activities that follow the trajectory [3]
Cite error:
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