Product Life Cycle
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Product Life Cycle is the series of phases that represent the evolution of a product, from concept through delivery, growth, maturity, and to retirement. See also project life cycle.
Definition
According to the PMI Lexicon of Project Management Terms,
- Product Life Cycle. The series of phases that represent the evolution of a product, from concept through delivery, growth, maturity, and to retirement. See also project life cycle.
