Stage Gate Process Flashcards
a) What is the underlying thinking about the “Stage-Gate Process” set-up? (2p)
View PRODUCT DEVELOPMENT AS PROCESS, and any process can be redesigned to be faster and more effective. Dividing the Development Process in Stages and making decisions in Gates.
b) What is the difference between a “stage-gate” and a “milestone” (2p)
A stage-gate is a decision point where the senior management check if the objetives of the product development process were fulfilled and decides if continue, cancel or correct the development efforts. Usually it is performen when a milestone is fullfille such as prototype or maket study. In the same way, a milestone is a key activity in project management when the information is collected for the Stage-Gate
A Milestones (M) is a progress review made by the project team. They review the progress so far and prepare and deliver data for the Tollgate (T). T is a superordinate decision, usually a profitability review, and made by the project sponsor or the owner. This usually means the senior management and/or the customer. Therefore, a project can pass through an M but then fail the T, and thus not continue further. To put simply, M is a low level decision leading to T, the higher level decision.
c) Who is reporting a stage –gate meeting? (2p)
Project Manager Reports the progress of the projects and the fulfillments of the objetives to the Steering Commety
d) Who is usually the “Key decision maker” at Stage-Gate meeting (2p)
The body of the company that makes the decision about the project is the Steering Commetee. And the decsions are usually made by the Sponsor.
A tollgate is a review of the business case and profitability of a project and is a business like decision point where it is possible to stop the project. The decision is made by the project sponsor.
here, organizationally, does usually this decision maker come from?
The decision maker come from the Steering Committee, which is compose for those who have responsibility for resources, assets, market , financial results. In other words the Senior Management.
