A phase gate, also called a stage gate, is a project management tool that divides a project into phases or stages, with a gate at the end of each stage to decide whether to move on to the next stage. The purpose of the phase gate process is to make sure that projects are properly planned, carried out, and managed, and that they deliver the results and benefits that were expected.
Most of the time, the following steps make up the phase gate process:
The project is defined, and the business case is made, which includes the project’s goals, benefits, and whether or not it can be done.
Planning: The project plan is made, which includes the scope, schedule, budget, resources, risks, and quality requirements.
Execution: The project plan is put into action, and the deliverables of the project are made according to the plan.
Monitoring and controlling: The project’s progress is watched, and if something goes wrong, steps are taken to fix it.
Closure: The project is over, and the deliverables are given to the customer or other interested parties.
At each phase gate, a gatekeeper or review board looks at the progress of the project and decides if it’s time to move on to the next stage or if the project should be stopped. The gatekeeper or review board evaluates the project based on criteria that have already been set, such as the completion of specific deliverables, the meeting of performance goals, or the reduction of risks that have been identified.
The phase gate process is a structured way to manage a project, which makes it easier to see and keep track of the project’s progress and results. It helps make sure that the project stays in line with the goals and objectives of the organisation and that the resources are used in the best way possible.
Usage
It is used in project planning, monitoring, and control
