Blog
Understanding the Value-Risk Trade-off
In the dynamic and competitive business landscape, organisations are constantly striving to optimise their project portfolios to drive growth and achieve strategic objectives. However, managing a project portfolio involves making critical decisions that involve a delicate...
Balancing Value and Risk in New Product Development
New product development is a critical process for businesses seeking growth and innovation. However, it can be a double-edged sword, as it involves inherent risks and uncertainties. To navigate this challenging landscape, companies must strike a delicate balance between...
What is the Difference between a Project Charter and a Gate Document?
Demystifying the Project Charter and Gate Document: Understanding the Key Differences In the realm of project management, a well-structured framework is essential for successful project execution. Two important documents that play a crucial role in project initiation and...
Creating an Eye-Catching Gate Presentation
Gate reviews offer a formal means of reviewing and controlling project risk, monitoring any changes in project scope (either formal or informal), and engaging stakeholders to ensure their interest. The reviews also give the project’s executive sponsor the chance to...
Gate Presentation Best Practice
Phase Gate is a Discovery-to-Launch Process, and the ‘industry standard’ for managing product innovation, used by companies of all sizes around the world. The basic idea is simple – divide the project into phases. The early ones deal with the how and...
How Many Gates?
Determining the Optimal Number of Gates in a Stage and Gate Style Process Effective project management is crucial for organizations to stay competitive in today's fast-paced business environment. One widely used framework for managing projects is the Phase Gate or Stage...
Structure of Gates in a Phase Gate Process
The purpose of the “Gates” in a Phase Gate, or stage and gate style process is to ensure that the project is being executed properly. “Gates” are like quality control checkpoints – they are meetings between the project team and senior management to assess the quality of...
Unlocking Success with Stages and Gates
A Proven Framework for Effective Project Management In today's fast-paced business landscape, organizations constantly strive for innovation, growth, and market competitiveness. However, new product development or process improvement initiatives often face challenges in...
Project Charter – The Complete Guide
What is a Project Charter? The Project Charter is your starting point when it comes to New Product Development, and your first step to getting your project underway, so it’s really important to get it right. The project charter should be completed early in the planning...
Manage your R&D Portfolio
Managing your innovation and R&D portfolio in a large organization is a complex challenge– it requires combining creative capabilities with a process of governance. It requires vision and realism… a culture of reasoned adventuring coupled with good old project...