Stage Gate Portfolio Management

Learn here how to implement the stage gate process on a sample project.

Stage gate portfolio management.

The stage phase gate process defines a sequence of phases and gates that each project must pass through providing a road map for the consistent successful execution of projects. Portfolio management for new products presents a rigorous and practical approach to managing a company s new product development portfolio. Itp s process is built on a foundation of eere rdd d practices combined with best methods from general business. In particular gates with teeth will surface and prioritize your best bests.

And stage gate international are registered trademarks. An effective stage gate process will produce a steady stream of high value innovations. Our innovation management software provides proven industry best practices embedded in industry standard processes and workflows for maximum roi and team efficiency. Pipeline management is one component of healthy portfolio maturity and you should regularly assess the maturity of your portfolio.

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. Product development institute inc. Itp stage gate innovation management guidelines are based on stage gate principles a registered. A key component of well managed project portfolios is the skilled management of life cycle stage gate reviews.

Stage gate examples mean the gates or the managerial side of the equation can kill a stage or give it a go. If you want to employ the stage gate process in your project whether it is for a service or a product there are 5 gates and 5 stages. Accolade was the first product to be certified as stage gate ready on version iii criteria by stage gate international. Pipeline management supports portfolio definition as seen by ideation opportunity management work intake and stage gate but also portfolio optimization in relation to project sequencing and project dependencies.

Sections outline the portfolio management methods complete wi th strengths and weaknesses. The stage phase gate process is the framework for implementing a structured project management process. Take this performance one step further by viewing the high quality set of projects as a portfolio and you can optimize results event more. This book is the result of years of pioneering research by dr.