In a stage gate process you break your project into stages or phases.
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You can t complete a stage and cross to the next one until you pass through the gate.
Well they are are both stage gate models because they both have gates and stages.
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Each stage ends with a gate.
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Some stage gate models have just two stages while others maybe have 14 or 20 stages.
So at each stage gate the project s decision makers review your project against a set of criteria.
The number of stages varies from firm to firm.
For example later on we will see the stage gate model of the design agencies park that consists of six phases.
Astute project sponsors dialogue with their teams on important business and technical aspects of a project in this session participants will be on their feet tapping the wealth of experience in the room sharing lessons learned and contributing to the creation of the session s.
A key component of well managed project portfolios is the skilled management of life cycle stage gate reviews.