stage-gate

stage-gate
stage-gate ˈstage-gate adjective [only before a noun]
MARKETING a stage-gate method of developing a new product divides the process into separate stages. New decisions about how to continue are then made at the end of each stage:

• A well implemented stage-gate process can increase company profits by millions.

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stage-gate UK US adjective [before noun]
MANAGEMENT used to describe a point in a project or plan at which development can be examined and any important changes or decisions relating to costs, resources, profits, etc. can be made: a stage-gate model/process/system »

The project plan needs to show a comprehensive stage-gate process before funding is approved.


Financial and business terms. 2012.

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