The business version of the colloquial phrase, "the circle of life", this term is used to convey the concept of an entire process from start, to finish, from birth to death.
It should be noted that the vast majority of lifecycles are extremely short, unimportant, and inconsequential fails.
Jimmy the Manager guy:
We need a full lifecycle report on this leveraged Clowns in a Jar socialized marketing campaign by Monday.
Su the analyst:
That's going to be tough, because we'll need to leverage the Monkey Team to download their ROI-driven metrics by EOD and circle back the wagons to put some points on the board.
Not to mention the fact that Monkey Team's lifecycles are extremely short and we need this at the high-level so that we can get buy-in.