At each gate continuation is decided by typically a.
Project management phase gate process.
The project management institute s pmi s pmbok guide 6th edition.
The project is divided into different stages or phases and separated by gates.
The gates are located at points in the project where the enterprise will subsequently incur.
A review at the end of a phase in which a decision is made to continue to the next phase to continue with modification or to end a project or program.
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.
The phase gate is a project management technique that reviews the end of the phase of the project.
Gates are often implemented within a pmo to provide visibility at key points in the project into each project s health and likely outcome.
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.
Definition of a stage gate the project management institute.
Phase gate gives project managers the flexibility to customize the process for each project rather than a one size fits all methodology.
By breaking down chaotic idea generation into manageable steps phase gate fosters a project management process and discipline that can become the organization s project culture.
Provisions must be made for updating and fine tuning the phase gate process on an ongoing basis to assure relevancy to today s project management challenges.
It is important to create such review to make important decisions to continue on to the succeeding phase end the project or continue but implement some modifications.