During stage 1 of a stage-gate development funnel, prospective project managers draft a detailed new product development plan which contains information about topics such as human resource requirements and strategic and financial objectives.

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Stage 1 of a stage-gate development funnel typically involves a preliminary assessment or scoping rather than drafting a detailed new product development plan. Detailed plans are developed in later stages after initial feasibility and value are assessed.

During Stage 1 of a Stage-Gate Development Funnel, Prospective Project