QGM gates new cycle

Hi Experts,

In QGM, when we pass the last gate and all the changes are moved to production environment for a particular release, How to proceed for next QGM cycle using the same project?

Option1. Do we need to re-open the gates and go back.

Option2. Is there any way to create a new QGM cycle.

If option2, then where to create the new QGM cycle.

Thanks,

Rakesh Bhor.