Here are 5 types of review in the project lifecycle:
1) Gate Reviews
2) Stage or Progress Reviews
3) Peer Reviews
4) Benefits Realisation Reviews
5) Audit
Here are example descriptions of each of these – as expected for this APM project management exam question.
1) The purpose of a gate review is to decide if a project is going to proceed to the next stage. In the APM lifecycle, they are held at the end of the Concept and Definition phase. They are typically chaired by the sponsor with the PM and other steering group members in attendance. They are primarily about the approval of the funding for the project. As such they authorise the project to proceed to the next stage. It is possible for the project to fail a gate review, in which case it will not proceed to the next stage.
2) Stage reviews are similar to progress reviews. They occur, mostly, during deployment and the aim is to review progress against the plan. Unlike the gate review, the intention is for the project to continue. The review checks current progress and identifies any corrective actions. Typically chaired by the project manager and attended by the project team. They rely on Key Performance Indicators (KPIs) of project performance such as milestones delivered in a month.
3) Peer reviews are conducted by people at the same level as the product owner. They can be technical reviews (of a design) or management reviews (of a plan). The aim is to obtain third-party input to the project. So, for example, you could arrange a peer review of your technical specification, procurement strategy or test plan. As such, they can occur anywhere in the project lifecycle. The aim is to decide if the planned approach is good enough for the project or can it be improved. They could form part of a quality control process in some organisations.
4) Benefit realisation reviews occur after the project output has been accepted. Typically, they occur once the projects assets have been put into operation. They evaluate if the benefits defined in the business case are being delivered. The aim is to improve future projects, and focus the business on learning lessons. As such they are often conducted by the project sponsor, frequently with support from the project (programme or portfolio) management office (PMO).
5) Audits are an external evaluation of compliance against a standard. They are conducted by someone outside the project, and sometimes from outside the organisation. They are normally about compliance and the identification of corrective actions. The reports are often shared outside the project team and can be in the public domain. For these reasons, they can be less open and relaxed than the other types of reviews. However, they are a necessary part of any assurance programme.
Is this the answer to this question too?
Explain reviews: gate, post-project, peer, benefits, audits.
The phase reviews happen during the deployment phase and not during definition as per the APM body of knowledge 7th edition, page 72.
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Number 2 – progress review, do you mean occur in deployment (not definition) ?
I was thinking the same. Doesn’t match the APM slide
It’s different because this post is from 2018 and is based on the 6th edition of the Body of Knowledge. Things got more complex with BoK7