The Functional Products Technical Lifecycle and its Four Sub-lifecycles

The paper provides a further verification of the Functional Products (FP) technical lifecycle and additional details regarding its four sub-lifecycles concerning: hardware, software, service-support system and management of operation. Outlined, in a novel way, is how the four sub-lifecycles may be embodied in order to manage and keep the FP technical lifecycle running at an agreed-upon level of availability. The FP technical lifecycle is further analyzed from the viewpoint of its supporting role to the FP economic lifecycle, as well as compliance, regulatory and commercial aspects.