Abstract: Product life cycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design, and manufacture, as well as the service and disposal of manufactured products. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise. This article is about understanding and successfully manages a product’s life cycle and how the company should develop strategies and methodologies like the Product Life Cycle Model Description, Analysis of Product Life Cycle Management, Product Life Cycle in Respect to The Technology Life Cycle and Use of Product Management for Successful Product Life Cycle.

Keywords: Product, Product Life cycle Management, Design, Analysis.

| DOI: 10.17148/IARJSET.2021.8695