A Product Development Project’s Factors, Risks, and Gating Process
As a person responsible for a product development project, discuss enterprise environmental factors, risks, and the gating process.
You have been assigned PM responsibility for a product development project using untested cutting-edge technology. This project is part of the product R&D Department within a large, publicly traded company. Determine the project methodology you will use for this project. Identify the Enterprise Environmental Factors and Organizational Process Assets that you may be subject to on such a project. Determine some risks that could affect this project. Speculate as to this project’s gating process and identify who might be on the gating committee to move this project from the Initiating Phase to the Planning Phase.