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Blog · Forecast and pipeline · Sales teams

Pipeline review template: six questions per deal, and the table that makes most of them unnecessary

A template for a one-to-one pipeline review between a sales manager and a rep: the pre-read table that flags which deals need discussing, the six questions to ask about each flagged deal, how to handle stalled deals and slipped close dates, how the review feeds the forecast, and what to record. This page gives the flags, the questions, a thirty-minute structure, and a copyable template, so the review is about the ten deals that need a decision and not a recital of all forty.

The short answerA good pipeline review inspects exceptions, not everything. Before the meeting, a table flags each open deal on five tests: in stage longer than twice the norm, no activity in thirty days, close date moved more than once, close date inside the period with an early stage, and a single contact at the account. Deals with no flag are skipped. For each flagged deal the manager asks six questions: what did the customer last say or do, and when; who else is involved in the decision and have we spoken to them; what happens next and on what date; what would stop this; why this close date; and what do you need. A deal with no dated next step is closed or moved out of the period. Thirty minutes covers ten to twelve deals, and the output is an updated forecast and a short list of actions.

Most pipeline reviews walk every deal from the top and run out of time before the ones that matter. This one starts from a table that says which deals to talk about.

The pre-read table

Computed from the CRM export before the meeting. One row per open deal, five flags.

Flag Rule What it usually means
Aged Days in stage more than twice the norm for that stage, from the team's own won deals Stalled, or in the wrong stage
Quiet No two-way activity logged in 30 days Nobody is talking
Slipped Close date moved more than once, or by more than 30 days The date was a hope
Early and soon Close date inside the period; stage before proposal Forecast risk
Single-threaded One contact at the account associated with the deal One departure from dead
Deal Value Stage Days in stage; norm Last activity Close date; moves Contacts Flags
Halden: warehouse $220,000 Proposal 96; 40 41 days 30 Sep; 3 1 Aged, quiet, slipped, single
Pryce: line 2 $140,000 Negotiation 12; 25 3 days 15 Oct; 0 4 None
Tessel: framework $310,000 Discovery 20; 30 6 days 28 Sep; 0 2 Early and soon

Pryce is skipped. Halden and Tessel are the conversation. On a book of forty deals, ten to fifteen will carry a flag.

The six questions

For each flagged deal, in this order.

1. What did the customer last say or do, and when? Customer actions only. A meeting attended, a question asked, a document returned. If the last customer action was six weeks ago, the deal is quiet whatever the rep has sent since.

2. Who else is involved in the decision, and have we spoken to them? Names and roles. The economic buyer, the user, procurement, whoever can say no. One contact is a relationship, not a deal.

3. What happens next, and on what date? A specific event with a date, agreed with the customer. Follow up is not a next step. No dated next step, no place in this period's forecast.

4. What would stop this? Budget, a competitor, an incumbent, a reorganisation, doing nothing. The rep who cannot name a risk has not looked for one.

5. Why this close date? It should come from the customer's process: a board date, a budget year, a project start. A date at the end of the quarter with no customer reason is the rep's date, not the customer's.

6. What do you need? A senior introduction, a price decision, a technical resource. This is where the manager earns the meeting.

Decisions per deal

Situation Decision
Dated next step with the customer; risks named Keep; note the step
No dated next step Move the close date out of the period, or close
Aged and quiet, no customer action in 60 days Close as lost, stalled. Reopen if the customer comes back
Early stage, close date in period Move the date, or show why this one is different
Single-threaded, over a stated value Action: second contact by a date

Closing stalled deals is the part managers avoid and the part that makes every other number true. Win rate, coverage and the forecast all depend on it; see pipeline coverage versus weighted pipeline.

A thirty-minute structure

Minutes Item
0 to 3 Coverage for the period: in-period pipeline, aged removed, against required. Is there enough?
3 to 23 Flagged deals, largest first. Six questions, two minutes each. Decision recorded
23 to 27 Pipeline creation: what was added since last time, against what is needed per fortnight
27 to 30 Actions and asks, read back

Pipeline creation gets its own slot because a review that only inspects existing deals never notices that nothing new is coming in.

What to record

In the CRM, on the deal, not in a separate document:

  • The next step and its date.
  • The close date, if changed, and the reason.
  • Contacts added.
  • The decision: keep, moved, closed.

Next time, the pre-read shows whether the dated next step happened. A next step that passed its date with nothing logged is a sixth flag.

How it feeds the forecast

After the review, each in-period deal is in one of three states: committed, with a customer-dated next step and named risks; possible; or moved out. The rep's forecast is the committed deals plus a judged share of the possible. The manager's roll-up then corrects for what is known about each rep's bias; see forecast bias by rep.

A copyable template

Pipeline review: [rep], [date]. 30 minutes.

Pre-read attached: open deals with flags. Coverage: [x] against required [y].

Flagged deals, for each:

  1. Last customer action, date:
  2. Others in the decision; spoken to:
  3. Next step, date:
  4. Risk:
  5. Reason for close date:
  6. Need: Decision: keep / move to [date] / close.

Pipeline created since last review: [value] against [needed].

Actions: [who, what, when].

Where it goes wrong

Every deal, top to bottom. Time runs out at deal fifteen; the stalled ones are at the bottom.

Rep activity accepted as progress. Sent the proposal again is not the customer doing something.

Stalled deals left open. Coverage looks fine for three quarters running and the number is missed in all three.

Done in a group. Deals defended, not examined.

No look at creation. A healthy-looking pipeline that is not being refilled.

The short version

Flag first, then ask six questions about the flagged deals only, decide keep, move or close, and record the dated next step where it will be checked. For the team meeting that sits beside it, see the weekly sales meeting agenda; for the required coverage figure, what is a good pipeline coverage ratio. Covirage produces the flagged pre-read from the opportunity and activity exports, with stage norms from the team's own won deals.

Questions people ask

How is this different from a forecast call?

The pipeline review is where the deal information is tested; the forecast call is where the tested figures are rolled up. Doing both at once, in a group, produces optimistic deals defended in public. Do the review one to one, first, and the forecast call becomes short.

What is the most useful single question?

What did the customer last do, and when? It separates deals that are moving from deals the rep is hoping about. An answer about what the rep did, sent a proposal, left a message, is not an answer. Progress is measured by customer actions.

How often?

Fortnightly for most B2B teams, weekly in the last month of a quarter or where cycles are short. Monthly is too slow to catch a stalled deal before it has cost a quarter. The flags are what make fortnightly affordable: twenty to thirty minutes, because most deals are skipped.