GoNoGoEntscheid

GoNoGoEntscheid is a German term that translates to "Go/No-Go decision." It refers to a critical point in a project or process where a decision is made whether to proceed (Go) or to stop (No-Go). This decision is typically based on a set of predefined criteria, risk assessments, and the evaluation of current progress against the project's objectives.

The Go/No-Go decision is a fundamental concept in project management and system development. It serves as a gate or checkpoint to ensure that a project is on the right track and that resources are not wasted on endeavors that are unlikely to succeed. At each Go/No-Go point, stakeholders review the project's status, identify any significant issues or deviations from the plan, and assess the feasibility of continuing.

Commonly, Go/No-Go decisions are made at the end of distinct project phases. For example, after the planning phase, a Go/No-Go decision might determine if development should commence. Similarly, after testing or a prototype phase, a decision could be made to proceed with full production or to halt further investment. The criteria for making a Go/No-Go decision can vary widely depending on the industry, project type, and organizational policies. They often include factors like budget adherence, timeline adherence, technical feasibility, market viability, and the achievement of specific milestones. The primary purpose is to mitigate risk and ensure optimal allocation of resources by providing a formal mechanism for evaluating and approving continued progress.