"Go, Kill, Hold, or Recycle" Decisions Are Made by the Oversight

question 44

Short Answer

"Go, Kill, Hold, or Recycle" decisions are made by the oversight team at each _________ of a project.
G.Cooper several decades ago to improve management of new-product development.The original model incorporates five stages: preliminary investigation, detailed investigation, development, testing and validation, and full production and market launch.Stages precede gates and represent information developed to enable gatekeepers to make the right decision at the next gate.These decision points at each gate are known as go, kill, hold, or recycle decisions.Given the information developed for each stage, the gatekeepers (the oversight team) can decide to continue with the project, abort the project, or revise/recycle.

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Definitions:

Minimum

The lowest or smallest amount permissible, specified, or possible in a given situation.

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The process or system for categorizing or organizing items, individuals, or roles into distinct groups based on similar characteristics or criteria.

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Job Evaluation Method

Techniques and procedures used to analyze and assess the relative importance of jobs within an organization, forming the basis for equitable compensation.