What are Stage Gates or Gateways?

The video tutorial explains the concept of stage gates or gateways in project management, highlighting their role as control mechanisms that ensure good governance and project evaluation. It traces the origin of stage gates to Corning and their widespread use in methodologies like Prince 2. The tutorial details the gateway process, emphasizing the importance of reviewing project achievements and making informed decisions about project continuation. It underscores the significance of governance and confidence in progressing through project stages.

What is the primary purpose of stage gates in project management?

• To increase project speed

• To eliminate project risks

• To ensure project control and governance

• To reduce project costs

Who is credited with introducing the concept of stage gates into project management?

• An IT specialist

• A project manager from Prince 2

• A UK government official

• A researcher at Corning

What is the first question that needs to be addressed at a gateway?

• What is the budget for the next stage?

• Have we completed everything required for this stage?

• Is the project on schedule?

• Who will lead the next stage?

Why might a project not proceed after a gateway review?

• The project team is unavailable

• External conditions have changed, making the project less viable

• The project has already been completed

• The project is ahead of schedule

What is a potential outcome if a project receives approval to proceed at a gateway?

• Additional funding and resources are allocated

• The project scope is reduced

• The project is put on hold

• The project is terminated