Difference between revisions of "Product life cycle"
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According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | According to [[Cost Accounting by Horngren, Datar, Rajan (14th edition)]], | ||
:[[Product life cycle]]. Spans the time from initial R&D on a product to when customer service and support is no longer offered for that product. | :[[Product life cycle]]. Spans the time from initial R&D on a product to when customer service and support is no longer offered for that product. | ||
+ | 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. | ||
− | [[Category: Accounting]][[Category:Articles]] | + | [[Category: Project Management]][[Category: Accounting]][[Category:Articles]] |
Revision as of 21:52, 10 July 2020
Product life cycle is spans the time from initial R&D on a product to when customer service and support is no longer offered for that product.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Product life cycle. Spans the time from initial R&D on a product to when customer service and support is no longer offered for that product.
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.