From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Coming soon.

(Source: Business Continuity Management Institute - BCM Institute)

2. A series of states, connected by allowable transitions. The lifecycle represents an approval process for Configuration Items, problem reports and change documents. (Source: OGC, Information Technology Infrastructure Library (ITIL) v3)