Life Cycle Management
Life Cycle Management : Life management (or lifetime management) in which due recognition is given to the fact that at all stages in the lifetime there may be effects that need to be taken into consideration. An example is the approach to products, processes and services in which it is recognized that at all stages in the lifetime of a product (extracting and processing raw materials, manufacturing, transport and distribution, use and reuse, and recycling and waste management) there are environmental and economic impacts. The term life cycle (as opposed to lifetime) implies that the life is genuinely cyclical (e.g. as in the case of recycling or reprocessing). See: Cradle To Grave Approach. See: Ageing Management
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