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A generic lifecycle of products. In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design, and manufacture, as well as the service and disposal of manufactured products.
The development of the concept of CLM has been prompted by the proliferation of configuration capabilities in different enterprise systems and a subsequent need to establish a master system of records for product definition logic and configurations, especially for manufacturing companies that rely on business processes related to assemble-to ...
Product management is the business process of planning, developing, launching, and managing a product or service. It includes the entire lifecycle of a product, from ideation to development to go to market .
Product life-cycle management (PLM) is the succession of strategies by business management as a product goes through its life-cycle. The conditions in which a product is sold (advertising, saturation) changes over time and must be managed as it moves through its succession of stages.
Now widely adopted by numerous organizations and agencies, the CM discipline's concepts include systems engineering (SE), Integrated Logistics Support (ILS), Capability Maturity Model Integration (CMMI), ISO 9000, Prince2 project management method, COBIT, ITIL, product lifecycle management, and Application Lifecycle Management. Many of these ...
Lifecycle management or life-cycle management may refer to: Application lifecycle management in software; Building lifecycle management, the design and construction of buildings; Engineering lifecycle management, a product and software development platform by IBM; Information lifecycle management, in computer data storage
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