Phase review, or Stage-Gate®, is a process with standardized phases. Each phase has a Go/No-Go decision point called tollgate. The tollgate can be an entry point to start the current phase or an exit point to start the next phase (by default in Genius). | ||
Tollgates | In Genius Project, tollgates are special deliverables (milestone) present at the end of phases. Tollgates have embedded score cards used to define whether projects make it to the next phase. | |
Score card | A document with a list of “success factors” including target score and actual score. | |
Tollgate review process | The workflow attached to the tollgate tracks the Go/No-Go decision with the following statuses (below is the default workflow proposed by Genius Inside). | |
ON-HOLD | Stand-by, evaluation of the tollgate has not started, neither has the phase. | |
IN-PROGRESS | Evaluation of the tollgate has started, phase has started. | |
GO | The tollgate is approved, and the score card details should reflect that. | |
NO-GO | The tollgate was not approved, and the score card details should reflect that. Under these circumstances, the project is also stopped. | |
RECYCLED | The tollgate was not approved, and the score card details should reflect that. Another round of evaluation will take place. | |
Phase review tracking chart | A chart providing visibility into the status of each tollgate and their respective phases for all project based on a phase review process. The chart is defined in the portfolio setup. | |
Project evaluation | The primary evaluation criteria assessed throughout the project lifecycle are feasibility and value proposition, often using predefined critical success factors. | |
Phase review project template | A complete phase review project template built with the required phases, tollgates, score cards and other relevant content to execute projects based on the agreed process and methodology. | |