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  1. Courses
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  3. What is Product Lifecycle Management?

What is Product Lifecycle Management?

This course provides an in-depth understanding of the Product Lifecycle Management (PLM) process. It covers the fundamentals of PLM, its importance in the context of strategic planning, and its application in real-world scenarios.

Phil Gold
Phil Gold
Business | core | 1 hour |   Published: Aug 2024
In partnership with:  Coursera

    Discussions

Overview

1KSTUDENTS*
96%RECOMMEND*

This course includes:

  • 60 minutes of on-demand video  
  • Certificate of completion  
  • Direct access/chat with the instructor 
  • 100% self-paced online 

This course offers a deep dive into Product Lifecycle Management (PLM), covering its fundamentals, strategic importance, and real-world applications. Participants will learn to manage a product from inception to retirement, align PLM with business strategies, and explore future trends like AI integration. Ideal for Product Managers and Business Strategists, the course requires no specific prerequisites but benefits from basic knowledge in business strategy and market analysis. By course end, learners will be equipped to implement effective PLM practices and enhance business outcomes.

Skills You Will Gain

Business Strategy
Data Analysis
Implementation
Market Research
Overcoming Challenges
Product Lifecycle Management (PLM)

Learning Outcomes (At the end of this program you will be able to)

  • Identify the principles of PLM
  • Apply the steps for effective PLM implementation
  • Identify ways to overcome PLM challenges
  • Apply the integration of PLM with business strategy

Prerequisites

There are no specific prerequisites for this course, although a basic understanding of business strategy, product development, market trends and competitive analysis would be useful.

Who Should Attend

This course is ideal for Product Managers, Business Strategists, and anyone eager to deepen their understanding of Product Lifecycle Management (PLM).

Curriculum

Instructors

Frequently Asked Questions

How much do the courses at Starweaver cost?

We offer flexible payment options to make learning accessible for everyone. With our Pay-As-You-Go plan, you can pay for each course individually. Alternatively, our Subscription-Based plan provides you with unlimited access to all courses for a monthly or yearly fee.

Do you offer any certifications upon completion of a course at Starweaver?

Yes, we do offer a certification upon completion of our course to showcase your newly acquired skills and expertise.

Does Starweaver offer any free courses or trials?

No, we don't offer any free courses, but we do offer 5-day trial only on our subscriptions-based plans.

Are Starweaver's courses designed for beginners or advanced students?

Our course is designed with three levels to cater to your learning needs - Core, Intermediate, and Advanced. You can choose the level that best suits your knowledge and skillset to enhance your learning experience.

What payment options are available for Starweaver courses?

We accept various payment methods such as major credit cards, PayPal, wire transfer, and company purchase orders. For more information related to payments contact customer support.

Do you offer refunds?

Yes, we do offer a 100% refund guarantee for our courses within a specified time frame. If you are not satisfied with the course, contact our customer support team to request a refund with your order details. Some restrictions may apply.

*Where courses have been offered multiple times, the “# Students” includes all students who have enrolled. The “%Recommended” shown is also based on this data.
1Module 1: Introduction to PLM
2Module 2: Implementing and Monitoring PLM
3Module 3: PLM and Business Strategy

Segment 08: Integrating PLM with Business Strategy

Segment 09: Future Trends in PLM

Segment 10: PLM Success Stories

Segment 11: Congratulations and Continuous Learning Journey

Phil Gold

Phil Gold

With extensive experience spanning dynamic start-ups to Fortune 500 giants, Phil Gold is a seasoned professional in communication, training, and learning development. Specializing in demystifying complex technical tools and processes, Phil has a proven ability to make technical content accessible, engaging, and actionable for non-technical audiences. Known for transforming technical jargon into clear insights, Phil’s approach is deeply rooted in end-user advocacy—prioritizing audience needs and leveraging feedback to enhance engagement and foster lasting buy-in.

Over the course of a distinguished career, Phil has authored numerous online courses aimed at simplifying technical topics such as Microsoft SharePoint and Power Platform. These courses, which combine straightforward language with practical, real-world examples, have empowered over 400,000 learners globally. Designed to not only educate but also enable, Phil’s content consistently delivers high-impact learning experiences that bridge the gap between complex technology and everyday business applications.

In addition to course development, Phil specializes in the creation and implementation of training and communication programs tailored to diverse audiences. This includes promotional and instructional materials, voiceover and music services, and uniquely crafted English-language idiomization solutions. Phil excels at identifying audience pain points, customizing content to meet varied learning needs, and developing scalable training strategies through “train-the-trainer” models. With a strong focus on practical, user-centered solutions, Phil is committed to driving meaningful improvements that support both immediate and long-term development goals.

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Segment 01: Introduction to the Course & Meet Your Instructor

Segment 02: What is PLM?

Segment 03: The Importance of PLM

Segment 04: Key Components of PLM Systems

Segment 05: Implementing PLM Solutions

Segment 06: Monitoring and Optimizing PLM

Segment 07: Overcoming Challenges in PLM