Phase-Gate Model

The Phase-Gate Model is a project management approach that divides a project into distinct stages, called phases, separated by checkpoints known as gates. At each gate, progress is reviewed to decide whether to move forward, pause, or halt the project. This structure helps ensure that resources are effectively allocated, risks are managed, and the project aligns with goals before proceeding. It’s commonly used in product development and innovation to improve control, increase chances of success, and make informed decisions at key milestones.