I like this as a general guide to novel structure. However many resources I've read warn against getting too locked into a single script or pattern like this. Sometimes you need to save the climax for the last two pages, and sometimes you need the action to start on the first page (and fill in 'setup' stuff later).
Better Novel Project is all about deconstructing bestsellers, discovering what elements they have in common, and using these elements as a backbone for a new master outline. This project is not about creating a magic fill-in-the-blank formula. Instead, we are building a structural framework, based on what is proven to work, to contain our own unique stories.