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What is a product life cycle? At what point in a product or service life cycle is project management used? When is process management used?

What is a product life cycle? At what point in a product or service life cycle is project management used? When is process management used? What is the difference between project and process management?

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A product life cycle refers to the stages through which a product or service passes from its introduction into the market until it is retired or repla... blur-text-image

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