Idea screening is the first decision to commit resources to the project. The project is born at this point. If the decision is go, the project moves into the scoping or preliminary investigation stage. Thus, Gate 1 signals a preliminary but tentative commitment to the project: a flickering green light.
Gate 1 is a "gentle screen" and amounts to subjecting the project to a handful of key must-meet and should-meet criteria. Finan-
Scoping cial criteria are typically not part of this first screen, since relatively little reliable financial data is available here. A checklist for the must-meet criteria and a scorecard or scoring model (point count rating scales) for the should-meet criteria are used to help focus the discussion and rank projects in this early screen.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.