The Stage-Gate® model

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The common purpose of the
Stage-Gate® model is
to provide a framework for better management of projects and to ensure that the
important success factors of the project are dealt with. Many companies use
their own variant of the Stage-Gate® model, but they are basically designed in the same
way and based on the same principles.
The Stage-Gate® model is built by Stages
and Gates.
Stages
are periods of activity within a project and involve many different project team
members. In order to proceed from one stage to the next, a gate has to be
passed.
Gates
are passed during gate review meetings, which is when the project team
decides whether the predefined Gate criteria have been met based on key decision
points with well defined “Go/Kill” criteria. The criteria for all of the Gates
during the project are selected at the start of the project and they should
cover important aspects such as market and financial attractiveness, technical
feasibility, supply options, health, safety and environmental (HSE) as well as regulatory
aspects. If the Gate criteria at some point are hard to meet, the Gate keeper or Gate
review meeting can revise the scope and planning of the project or stop it all
together. The Stage-Gate® model process is described in the picture below.

Advantages in using the Stage-Gate® model include making the projects visible to the whole organization and
obtaining the highest customer
value for the least development effort within a given time frame.
The Stage-Gate® model also provides a common language and mutual understanding within
the organization, which reduces the risks in the projects.
More information about the
Stage-Gate®
model can be found here.
Stage-Gate is a trademark of Innovation Management U3
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