The Decision Points at Each Phase Gate Are Known as "Go

question 60

True/False

The decision points at each phase gate are known as "Go, Kill, Hold, or Recycle" decisions.
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:

Consolidation

The process by which a long-term memory becomes durable and relatively stable.

Repression

A defense mechanism where unwanted thoughts or memories are unconsciously pushed out of awareness.

Retrieve Information

The process of recalling or accessing stored information from memory.

Recall

The mental process of retrieving information from the past, which can vary in accuracy and detail.