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Pr oduct Life-Cycle Management 199
FIGURE 10.1 Product life-cycle management.
development. This requires the use of life-cycle metrics, as
defined in Chapter 7.
• Life-Cycle Design—Product design, development, and engi-
neering to achieve the product life-cycle objectives. DFE guide-
lines are presented in Chapter 8. However, as discussed in
Chapter 5, DFE is just one of many elements in the concurrent
engineering of product life-cycle performance.
• Life-Cycle Assessment—Testing of product performance
characteristics and assessment of the expected financial and
nonfinancial impacts, including socio-economic and ecologi-
cal well-being. Methods for life-cycle cost and environmen-
tal assessment to inform design decisions are described in
Chapter 9.
• Life-Cycle Analysis—Integrated analysis of total life-cycle
costs and benefits associated with products, processes, or ser-
vices. As discussed in Chapter 9, for planning or decision-
making purposes financial outcomes need to be weighed
against other trade-off factors such as environmental perfor-
mance and customer satisfaction.
• Life-Cycle Review—Verification that the product design
meets the stated life-cycle objectives, normally accomplished
through a stage-gate review process. If necessary, the objec-
tives may be refined or the product team may go through
additional design iterations prior to release.