Engineering Commons^™

A Treatise On The Application Of Lifecycle Management Principles In Agricultural & Biological Engineering, Israel S. Dunmade, Kurt A. Rosentrater

Kurt A. Rosentrater

Life Cycle Management (LCM) is a systematic approach, mindset and culture that considers economic, social, and environmental factors among other factors in the decision making process throughout various business or organizational decisions that affect both inputs and outputs of a product or service life cycle. It is a product, process, or activity management system aimed at minimizing environmental and socio-economic burdens associated with an organization’s product or process during its entire life cycle and value chain. LCM’s application is gaining wider acceptance both in the corporate and governmental organizations as an approach to reduce ecological footprints and to improve the …