term phase cycle life help what is
Meaning of life-cycle phase. What is it: commercial importance from the point of view of a company.

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Definition life-cycle phase

LIFE-CYCLE PHASE title: life-cycle phase (LO-CM) (SAP Library - Glossary)
LIFE-CYCLE PHASE category: Configuration Management (LO-CM)
LIFE-CYCLE PHASE explained:

A stage in the life of a product or project that is of commercial importance from the point of view of a company.

A product can go through the following life cycle phases:

Sales and distribution Specification Engineering Work scheduling Production

The life-cycle phases of configuration management can be defined in Customizing.

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