Gate Decisions Flashcards
These are critical in making effective decisions on
whether to compete for business and can help organizations increase their win probability.
Gate Decisions
The decision that confirms that the identified
market segment is aligned with the goals in your strategic plan.
Market entry decision
An early milestone to determine whether an opportunity matches your organization’s basic interests and is worth the additional resources required to do a more detailed assessment.
Opportunity qualification decision
Generally the first decision milestone to verify
that the opportunity fits your strategic direction and capability. This decision often approves the funds to initiate early opportunity planning activities.
Bid pursuit decision
A milestone after the opportunity plan is substantially complete. It validates that you are properly positioned
to win based on the opportunity plan.
Bid/No-bid decision
A decision milestone after the customer releases an RFP to address obstacles to winning that were identified in the opportunity plan.
Bid validation decision
is the final business case/senior management
review. It helps to determine whether to submit the proposal prepared, considering the anticipated financial reward and level of risk.
Final review