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A phase-gate process (also referred to as a waterfall process) is a project management technique in which an initiative or project (e.g., new product development, software development, process improvement, business change) is divided into distinct stages or phases, separated by decision points (known as gates).
For example, a problem found in the early stages (such as requirements specification) is cheaper to fix than the same bug found later on in the process (by a factor of 50 to 200). [ 17 ] In common practice, waterfall methodologies result in a project schedule with 20–40% of the time invested for the first two phases, 30–40% of the time to ...
For example, a business plan for a non-profit might discuss the fit between the business plan and the organization's mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization's ability to repay the loan.
While some may argue that the cupcake trend is coming to an end, there's no doubt that it still holds a place in our hearts (and is still a dessert go-to). These mini cakes are individual treats ...
This model combines the elements of the waterfall model with the iterative philosophy of prototyping. According to the Project Management Institute , an incremental approach is an "adaptive development approach in which the deliverable is produced successively, adding functionality until the deliverable contains the necessary and sufficient ...
An embossing mat is a tool for cake decoration [9] that creates embossed effects on the top of cakes, cupcakes or similar items. The user presses the mat down into cake dough or icing and the pattern embossed in the mat is transferred to the item. [9]
The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
The following outline is provided as an overview of and topical guide to business: Business – organization of one or more individuals, engaged in the trade of goods, services, or both to consumers, [1] and the activity of such organizations, also known as "doing business".