The stage gate project development approach, as adopted by the engineering and construction industry, was designed as a business process both to meter spending prior to the investment decision and yield predictable outcomes. It has been widely implemented across the energy sector and other capital-intensive industries such as mining, infrastructure, chemicals, and pharma. While it can deliver on its intent, if applied too rigidly, it also drives deleterious, unintended consequences which increase cost, lengthen schedules and erode returns on capital employed.
In this PPI virtual conference industry experts discussed how stage gate has evolved, its unintended consequences and, most importantly, what can be done differently to improve overall performance.
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PPI Virtual Conference sessions bring together experts, practitioners, thought leaders and interested professionals to discuss and explore a variety of topics addressing the current gap in project delivery.