Product life cycle
The CSDM framework provides standard fields and values that you can use to track the life cycle of an asset or a CI. The product life-cycle states represent the overall life cycle of a product model, a specific version, or a product configuration.
Product life-cycle states
A life-cycle state is the combination life cycle stage and life cycle stage status of an asset or CI over the life cycle. For example, a product CI in the Operational stage might change status over time from Available to Pending Retirement to End of Support. A different product CI in the Operational stage might go from the Available status directly to the End of Support status without ever having been in the Pending Retirement status.
For additional information on how you can benefit from implementing life-cycle value pairs for CMDB entities, see the 'life-cycle value pair' section in the 'Foundation domain' topic.