Professional Documents
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02 PM Lifecycle
02 PM Lifecycle
Beginning of Life
End of Life
Mid of Life
Product Lifecycle Management
The 9 Stages of Product Lifecycle Management
1. Concept
Concepts are defined as abstract ideas.
Analysis
Testing Design
Execution
Product Lifecycle Management
The 9 Stages of Product Lifecycle Management
2. Development
Analysis
Outcome
Business
Analysis • BRD
• SRS
• PRD
Systems
Business
Case
Analysis • MRD
and Design
* Discuss more on Software Development Method.
Product Lifecycle Management
The 9 Stages of Product Lifecycle Management
3. Prototype
A prototype is an early sample, model, or release of a product built to test a
concept or process.
Product Lifecycle Management
The 9 Stages of Product Lifecycle Management
3. Prototype
Create MVP
Minimum Viable Product is a
version of a product with just
enough features to be usable by
early customers who can then
provide feedback for future
product development.
Product Lifecycle Management
The 9 Stages of Product Lifecycle Management
4. Launch
Product launch is where the product is promoted, marketed, and released to the
public, and where sales processes begin.
Product Lifecycle Management
The 9 Stages of Product Lifecycle Management
5. Manufacture
Manufacturing is the creation or production of goods with the help of equipment,
labor, machines, tools, and chemical or biological processing or formulation.
Product Lifecycle Management
The 9 Stages of Product Lifecycle Management
6. Distribution
Distribution (economics), distribution of income or output among individuals or factors of
production (or to help others).
C I RC U L A R ECONOMY AT WO R K I N G O O G L E DATA C E N T E R S