Overview of CAP

Critical Assumption Planning^sm (CAP) is a risk management process that adapts the venture capital milestone concept as a five-step process. The CAP process is designed to be used by teams operating in a corporate environment and provides a tighter focus for the now familiar Stage-Gate^TM Process.

CAP helps new venture and product development teams focus on and deal with the key business uncertainties in their project very early. In doing so, they can apply limited resources to testing these uncertainties quickly, thereby avoiding wasted time and development dollars, should the venture prove unsound.

CAP has been used by leading companies in a variety of industries to manage risk and improve corporate performance since 1992.