Abbott Project Management Playbook

6.3 P HASE 0 Phase 0 follows a defined stage-gate review and approval process, typically devoting more time to solution assessments and preliminary planning activities to facilitate development of accurate (+/- 10%) estimates for larger projects. Phase 0 was developed based on Corporate Engineering’s FEP approach but tailored and intended for IT projects. Click to learn more about Phase 0 Elements / Process / Details.

6.4 RAPID RAPID/Sprint Planning is a time-boxed set of activities that help key stakeholders with planning, scoping, and estimating new projects in an efficient manner. Objective is to obtain good quality and reliable requirements and estimates in a reduced amount of time. Sprint Planning is used when following Agile methodology. Click to learn more about RAPID Elements / Process / Details.

6.5 C OMPARISON OF FEP AND P HASE 0 FEP and Phase 0 processes are very similar – both follow stage-gate processes to ensure project management best practices are followed during planning to help projects be more successful. Both processes align with the financial planning cycle. Each has a decision tree that points to the other process (if needed) to ensure applicable templates are used, and many deliverables are similar. There is no need to do both for a project. Key Project Management / Governance deliverables are the same:

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