Life Cycle (glossary)

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(1) The organized collection of activities, relationships and contracts which apply to a system of interest during its life.

(2) the evolution of a system, product, service, project or other human-made entity from conception through retirement.

(3) Development (life) cycles start with user needs and end with system decommissioning and disposal. Project cycles contain three aspects: business, budget, and technical. (Mooz, Forsberg, Cotterman 2003, p259)

Source

Mooz, H., Forsberg, K., Cotterman, H. 2003. Communicating Project Management. John Wiley and Sons.

Discussion

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