Application Lifecycle Management (ALM) is a management concept in which all development activities of an electronic system are integrated into its lifecycle.
The ALM concept is about automating software development and deployment. It is concerned with regulatory compliance and a standardized communication environment through which all parties involved in the application lifecycle can communicate with each other. To understand the complex models of dependencies and impacts, the ALM system must track and analyze them. The insights are centralized and developers can access them at any stage of development.
The ALM concept extends from the requirements defined by the customer, to the projection and development of the product, to testing and quality assurance, to deployment, delivery, installation and maintenance. The individual project phases of ALM management are indirectly interdependent and have a reciprocal effect on each other.
Application lifecycle management helps organizations set appropriate requirements for projects and ensure compliance; it improves the development process by incorporating frequent, thorough testing; and it ensures that each team works together to produce the best possible product.