"Product life cycle is a business analysis that attempts to identify a set of common stages in the life of commercial products. In other words the 'Product Life cycle' PLC is used to map the lifespan of the product such as the stages through which a product goes during its lifespan. ...
The stages of a product's life cycle... :
1. INTRODUCTION... 2. GROWTH... 3. MATURITY... 4. DECLINE...
The product life cycle is an important concept in marketing. It includes four stages that a product goes through from when it was first thought of until it is eliminated from the industry. Not all products reach this final stage. Some continue to grow and others rise and fall." [Product lifecycle. Wikipedia]
The flow chart example "Product life cycle process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
The stages of a product's life cycle... :
1. INTRODUCTION... 2. GROWTH... 3. MATURITY... 4. DECLINE...
The product life cycle is an important concept in marketing. It includes four stages that a product goes through from when it was first thought of until it is eliminated from the industry. Not all products reach this final stage. Some continue to grow and others rise and fall." [Product lifecycle. Wikipedia]
The flow chart example "Product life cycle process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
This marketing chart sample represents product life cycle. It was designed on the base of the Wikimedia Commons file: Product life-cycle curve.jpg. [commons.wikimedia.org/ wiki/ File:Product_ life-cycle_ curve.jpg]
This file is licensed under the Creative Commons Attribution-Share Alike 4.0 International license. [creativecommons.org/ licenses/ by-sa/ 4.0/ deed.en]
The marketing chart example "Product life cycle graph" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
This file is licensed under the Creative Commons Attribution-Share Alike 4.0 International license. [creativecommons.org/ licenses/ by-sa/ 4.0/ deed.en]
The marketing chart example "Product life cycle graph" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
Program to Make Flow Chart
Use ConceptDraw DIAGRAM diagramming and business graphics software for drawing your own PM life cycle flow charts.This circular arrows diagram sample shows business process management life cycle.
It was designed on the base of the Wikimedia Commons file: Business Process Management Life-Cycle.svg. [commons.wikimedia.org/ wiki/ File:Business_ Process_ Management_ Life-Cycle.svg]
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license. [creativecommons.org/ licenses/ by-sa/ 3.0/ deed.en]
"BPM life-cycle.
Business process management activities can be grouped into six categories: vision, design, modeling, execution, monitoring, and optimization.
Functions are designed around the strategic vision and goals of an organization. Each function is attached with a list of processes. Each functional head in an organization is responsible for certain sets of processes made up of tasks which are to be executed and reported as planned. Multiple processes are aggregated to function accomplishments and multiple functions are aggregated to achieve organizational goals." [Business process management. Wikipedia]
The arrow donut chart example "BPM life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Circular Arrows Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
It was designed on the base of the Wikimedia Commons file: Business Process Management Life-Cycle.svg. [commons.wikimedia.org/ wiki/ File:Business_ Process_ Management_ Life-Cycle.svg]
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license. [creativecommons.org/ licenses/ by-sa/ 3.0/ deed.en]
"BPM life-cycle.
Business process management activities can be grouped into six categories: vision, design, modeling, execution, monitoring, and optimization.
Functions are designed around the strategic vision and goals of an organization. Each function is attached with a list of processes. Each functional head in an organization is responsible for certain sets of processes made up of tasks which are to be executed and reported as planned. Multiple processes are aggregated to function accomplishments and multiple functions are aggregated to achieve organizational goals." [Business process management. Wikipedia]
The arrow donut chart example "BPM life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Circular Arrows Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.
"A Guide to the Project Management Body of Knowledge - Fifth Edition provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle.
The Guide recognizes 47 processes that fall into five basic process groups and ten knowledge areas that are typical of almost all projects.
The five process groups are:
Initiating,
Planning,
Executing,
Monitoring and Controlling,
Closing.
The ten knowledge areas are:
Project Integration Management,
Project Scope Management,
Project Time Management,
Project Cost Management,
Project Quality Management,
Project Human Resource Management,
Project Communications Management,
Project Risk Management,
Project Procurement Management,
Project Stakeholders Management (added in 5th edition).
Each of the ten knowledge areas contains the processes that need to be accomplished within its discipline in order to achieve an effective project management program. Each of these processes also falls into one of the five basic process groups, creating a matrix structure such that every process can be related to one knowledge area and one process group." [A Guide to the Project Management Body of Knowledge. Wikipedia]
The flow chart example "Project management life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
The Guide recognizes 47 processes that fall into five basic process groups and ten knowledge areas that are typical of almost all projects.
The five process groups are:
Initiating,
Planning,
Executing,
Monitoring and Controlling,
Closing.
The ten knowledge areas are:
Project Integration Management,
Project Scope Management,
Project Time Management,
Project Cost Management,
Project Quality Management,
Project Human Resource Management,
Project Communications Management,
Project Risk Management,
Project Procurement Management,
Project Stakeholders Management (added in 5th edition).
Each of the ten knowledge areas contains the processes that need to be accomplished within its discipline in order to achieve an effective project management program. Each of these processes also falls into one of the five basic process groups, creating a matrix structure such that every process can be related to one knowledge area and one process group." [A Guide to the Project Management Body of Knowledge. Wikipedia]
The flow chart example "Project management life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
This cycle diagram sample was created on the base of the figure illustrating the article "Environmental Materials" by Cris Arnold from the website of the UK Centre for Materials Education of the Higher Education Academy. "The figure ... schematically shows how the disparate areas under the heading of 'environmental materials' can be linked via a life cycle analysis approach. ...
Life Cycle Analysis.
Life Cycle Analysis is essentially a method of considering the entire environmental impact, energy and resource usage of a material or product. It is often known as a 'cradle-to-grave' analysis and can encompass the entire lifetime from extraction to end-of-life disposal. Life cycle analysis can be an extremely effective way of linking many different aspects of the environmental impacts of materials usage. ...
Materials Extraction and Resource Implications.
The environmental impact of raw materials extraction and processing together with global resource issues provides a good place to start consideration of environmental aspects of materials. ...
Environmental Impacts of Processing.
... Topics that would come under this subject area include the specific environmental problems associated with processing of metals, polymers, ceramics, composites etc, and how these problems can be overcome.
Design for Sustainability.
This area ... will ... cover issues such as design for successful recycling, waste minimisation, energy efficiency and increased lifetime.
Economic, Social and Legislative Issues.
... For example, materials selection within the automotive industry is now heavily influenced by 'end-of-life vehicle' and 'hazardous material' regulations.
Use of Sustainable Materials.
... It is probably sensible to define such materials as those that have distinct differences that achieve environmental benefit compared to conventional materials. With this definition, the list would include:
(1) Materials of a significantly plant-based nature, including wood, natural fibre composites, natural polymers.
(2) Materials produced using a large proportion of waste material, including recycled polymers, composites made from waste mineral powders, and arguably also much steel and aluminium.
Materials for Green Energy.
The most exciting developments in Materials Science are in the realm of functional materials, and many of these serve an environmentally-beneficial purpose, particularly in the production of green energy.
These include:
(1) Solar-cell materials.
(2) Fuel-cell technology.
(3) Catalytic pollution control.
End-of-Life Issues.
The treatment of materials at the end of their lifetime is a significant subject area and encompasses aspects such as recycling techniques and materials limitations, biodegradabilty and composting, chemical recovery and energy recovery." [materials.ac.uk/ guides/ environmental.asp]
The ring chart example "Life cycle analysis" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams
Life Cycle Analysis.
Life Cycle Analysis is essentially a method of considering the entire environmental impact, energy and resource usage of a material or product. It is often known as a 'cradle-to-grave' analysis and can encompass the entire lifetime from extraction to end-of-life disposal. Life cycle analysis can be an extremely effective way of linking many different aspects of the environmental impacts of materials usage. ...
Materials Extraction and Resource Implications.
The environmental impact of raw materials extraction and processing together with global resource issues provides a good place to start consideration of environmental aspects of materials. ...
Environmental Impacts of Processing.
... Topics that would come under this subject area include the specific environmental problems associated with processing of metals, polymers, ceramics, composites etc, and how these problems can be overcome.
Design for Sustainability.
This area ... will ... cover issues such as design for successful recycling, waste minimisation, energy efficiency and increased lifetime.
Economic, Social and Legislative Issues.
... For example, materials selection within the automotive industry is now heavily influenced by 'end-of-life vehicle' and 'hazardous material' regulations.
Use of Sustainable Materials.
... It is probably sensible to define such materials as those that have distinct differences that achieve environmental benefit compared to conventional materials. With this definition, the list would include:
(1) Materials of a significantly plant-based nature, including wood, natural fibre composites, natural polymers.
(2) Materials produced using a large proportion of waste material, including recycled polymers, composites made from waste mineral powders, and arguably also much steel and aluminium.
Materials for Green Energy.
The most exciting developments in Materials Science are in the realm of functional materials, and many of these serve an environmentally-beneficial purpose, particularly in the production of green energy.
These include:
(1) Solar-cell materials.
(2) Fuel-cell technology.
(3) Catalytic pollution control.
End-of-Life Issues.
The treatment of materials at the end of their lifetime is a significant subject area and encompasses aspects such as recycling techniques and materials limitations, biodegradabilty and composting, chemical recovery and energy recovery." [materials.ac.uk/ guides/ environmental.asp]
The ring chart example "Life cycle analysis" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams
This ring chart sample was created on the base of the figure illustrating the "CCP Handbook - Comprehensive Community Planning for First Nations in British Columbia" from the Government of Canada website. "Tool 1: Centre for Innovative & Entrepreneurial Leadership (CIEL) Community Life Cycle Matrix.
Actualization Phase.
Community is highly developed and encourages learning & innovation while respecting history and culture. Community shares resources with others and regularly monitors itself, continuing to enhance capacity.
Action: Community undertakes regular reviews and reflection activities to maintain or enhance stage / phase.
Pre-Community or Chaos Phase.
Community is undeveloped. Limited sharing of resources or recognition of value of a community.
Action: Community can (re)form through the identification of and action of influential and respected leaders (elected or unelected).
Vision Phase.
Community recognizes the importance of vision and long-term planning; is able to move in this direction.
Action: Community can engage in planning, meaningful consultation of its members, & working towards the development of strategic thinking & planning, and, ultimately, identifying community-wide values, distinct community characteristics and a vision.
Emergence Phase.
Community exists but has significant problems, making anything but survival & fulfilling short-term needs impossible.
Action: Community can advance through focus on small, non-political, trustbuilding projects to build success, respect, confidence, relationships & skills.
Why the Matrix.
The challenge of developing innovative and entrepreneurial communities is in ensuring that the communities have a clear picture of where they are at and where they want to go. This enables a better match of the tools available with both the capacity of the community and the hoped for goal. For example, while strategic planning may work for some communities, the planning process may also lead to frustration and failure in other communities that do not have the necessary trust, social capital or capacity." [aadnc-aandc.gc.ca/ eng/ 1100100021972/ 1100100022090]
The ring chart example "Community life cycle matrix" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams
Actualization Phase.
Community is highly developed and encourages learning & innovation while respecting history and culture. Community shares resources with others and regularly monitors itself, continuing to enhance capacity.
Action: Community undertakes regular reviews and reflection activities to maintain or enhance stage / phase.
Pre-Community or Chaos Phase.
Community is undeveloped. Limited sharing of resources or recognition of value of a community.
Action: Community can (re)form through the identification of and action of influential and respected leaders (elected or unelected).
Vision Phase.
Community recognizes the importance of vision and long-term planning; is able to move in this direction.
Action: Community can engage in planning, meaningful consultation of its members, & working towards the development of strategic thinking & planning, and, ultimately, identifying community-wide values, distinct community characteristics and a vision.
Emergence Phase.
Community exists but has significant problems, making anything but survival & fulfilling short-term needs impossible.
Action: Community can advance through focus on small, non-political, trustbuilding projects to build success, respect, confidence, relationships & skills.
Why the Matrix.
The challenge of developing innovative and entrepreneurial communities is in ensuring that the communities have a clear picture of where they are at and where they want to go. This enables a better match of the tools available with both the capacity of the community and the hoped for goal. For example, while strategic planning may work for some communities, the planning process may also lead to frustration and failure in other communities that do not have the necessary trust, social capital or capacity." [aadnc-aandc.gc.ca/ eng/ 1100100021972/ 1100100022090]
The ring chart example "Community life cycle matrix" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams
This is product lifecycle graph (PLC) diagram template.
Use it to design your product lifecycle graphs with ConceptDraw PRO software.
PLC graph visualizes a new product progress through a sequence of stages from introduction to Growth, Maturity, and Decline. This sequence is associated with changes in the marketing situation, thus impacting the marketing strategy and the marketing mix. The product revenue and profits can also be plotted as a function of the PLC stages.
The marketing chart template "Product life cycle graph" is included in the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
Use it to design your product lifecycle graphs with ConceptDraw PRO software.
PLC graph visualizes a new product progress through a sequence of stages from introduction to Growth, Maturity, and Decline. This sequence is associated with changes in the marketing situation, thus impacting the marketing strategy and the marketing mix. The product revenue and profits can also be plotted as a function of the PLC stages.
The marketing chart template "Product life cycle graph" is included in the Marketing Diagrams solution from the Marketing area of ConceptDraw Solution Park.
Draw Flowcharts with ConceptDraw
Start design your own flowchart with ConceptDraw DIAGRAM and accomplish great results at the moment.Basic Diagramming
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