Transcription of Technology Stage-Gate™: A Structured Process for …
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Technology Stage-Gate™: A Structured Process for …
Technology Stage-Gate :A Structured Process forManaging High-Risk NewTechnology ProjectsGreg M. Ajamian and Peter A. KoenTraditional Stage-Gate (SG) (Cooper 1993) or PACE processes (McGrath andAkiyama 1996) assume that there is little uncertainty associated with the technologiesto be utilized. However, the inability to manage high-risk technologies as part ofproduct development is frequently the cause of canceled or significantly delayed newproduct development projects. Unlike product development, the ultimate outcomes oftechnology development efforts are unpredictable. Prematurely introducing atechnology into the product development Process when there is high uncertainty thatthe Technology will ever meet the desired specifications often leads to project delays,project uncertainty, and project have found that a different management Process , the Technology Stage-Gate (TechSG) Process , is needed to manage Technology development efforts whenthere is high uncertainty and risk.
to the business and to reduce overall the time to market of new technologies and the products that they enable. The technology planning and review process highlights
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