diff --git a/python_modules/libraries/dagster-dbt/dagster_dbt/dbt_project.py b/python_modules/libraries/dagster-dbt/dagster_dbt/dbt_project.py
index 37ecea0e395c5..83a1319c35571 100644
--- a/python_modules/libraries/dagster-dbt/dagster_dbt/dbt_project.py
+++ b/python_modules/libraries/dagster-dbt/dagster_dbt/dbt_project.py
@@ -31,8 +31,9 @@ class DbtProjectPreparer:
     """
 
     @public
-    def on_load(self, project: "DbtProject") -> None:
-        """Invoked in the `prepare` method of DbtProject, when DbtProject is instantiated with this preparer."""
+    def prepare_if_dev(self, project: "DbtProject") -> None:
+        """Invoked in the `prepare_if_dev` method of DbtProject,
+        when DbtProject needs preparation during development."""
 
     @public
     def prepare(self, project: "DbtProject") -> None:
@@ -67,11 +68,11 @@ def __init__(
         self._generate_cli_args = generate_cli_args or ["parse", "--quiet"]
 
     @public
-    def on_load(self, project: "DbtProject"):
+    def prepare_if_dev(self, project: "DbtProject"):
         """Handle the preparation process during development and at run time.
 
-        The preparation process is executed if the condition are met,
-        i.e. if the self.using_dagster_dev or self.parse_on_load_opt_in is true.
+        The preparation process is executed if the condition is met,
+        i.e. if the self.using_dagster_dev is true.
 
         This method returns successfully if a loadable manifest file at the expected path.
 
@@ -79,7 +80,7 @@ def on_load(self, project: "DbtProject"):
             project (DbtProject):
                 The dbt project to be prepared.
         """
-        if self.using_dagster_dev() or self.parse_on_load_opt_in():
+        if self.using_dagster_dev():
             self.prepare(project)
             if not project.manifest_path.exists():
                 raise DagsterDbtManifestNotFoundError(
@@ -302,4 +303,4 @@ def prepare_if_dev(self) -> None:
                 )
         """
         if self.manifest_preparer:
-            self.manifest_preparer.on_load(self)
+            self.manifest_preparer.prepare_if_dev(self)