Definitions for "Life-cycle"
All phases in the life of a product. Specific phases depend on the type of product but may include design, development, manufacture, construction, assembly, import, supply, distribution, sale, hire, lease, storage, transport, installation, erection, commissioning, use or operation, consumption, maintenance, servicing, cleaning, adjustment, inspection, repair, modification, refurbishment, renovation, recycling, resale, decommissioning, dismantling, demolition, discontinuance, disposal.
Analogising a product or processing to something alive - treating the stages as elements of its life. By defining identifiable, discreet stages, moving through that life-cycle can be done in a controlled manner.
A series of states connected by allowable transitions. The life cycle represents an approval process for Configuration Items, Problem Reports and Change documents.
A series of status`s that an item goes through from its initial creation through to it being superceded or marked as obsolete.