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Re-evaluate: The Reviewing -- Deciding the Future |
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You can only be successful in applying the definitions, doing the activities and using the tools that comprise the Flexible Project Model by infusing and deploying them with the underlying principles, values and practices of eXtreme Project Management.
Re-evaluate is a pause point on the project, a juncture where management makes a formal review of the venture and decides its future course. Here, Business Question 4 becomes the focal point: Is it worth it?  Two fundamental questions are being asked during Re-evaluate:
Similar to a stage gate process, Re-evaluate sessions are typically held at agreed upon milestones; for instance, at the point where prototyping has been completed, technical feasibility has been determined or prior to going into production. The check points afforded by the Re-evaluate process enable management to make fact-based decisions as to the future course of the project and to minimize risk (and thereby have greater control) by funding the project in increments. Please login/register to read the entire article.
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