Jurisdiction(s):
United Kingdom

Key definition

Lifecycle definition

What does Lifecycle mean? In legal practice, lifecycle describes the expected service life of an asset in a facility (for example, plant, machinery, fittings and equipment) during which it must meet contractual performance and statutory standards before planned renewal or replacement. It is a descriptive asset‑management term used across construction, facilities management, PPP/PFI/DBFM projects and leases, and is typically defined in the relevant contract rather than by legislation or case law. (By contrast, “life cycle” is referenced in public procurement rules for life‑cycle costing: Public Contracts Regulations 2015 (E&W and NI), Public Contracts (Scotland) Regulations 2015, and Ireland’s 2016 public authority contracts regulations.) Key legal...

Legal Project Management: Scoping, Stakeholders, RACI Roles, Scheduling, Resourcing, Budgeting and Readiness Across the Project Lifecycle

Published by a LexisNexis Public Law expert

Practice notes

This Practice Note

Initially created in partnership with Cranfield school of Management and later reworked and expanded by Beth Pipe of OnLive Learning, this Practice Note explores the essential phases of the project lifecycle and effective set up. Investing time up front in solid planning is arguably the most critical step, yet it is the one most often bypassed as excitement to start takes over. As Abraham Lincoln famously observed: if given eight hours to cut down a tree, he would devote six to sharpening the axe. Projects flow far more smoothly when the parameters are clarified from the outset. In this Practice Note we guide you through:

the project lifecycle—what unfolds at each stage?
set up: how to frame and define the project
stakeholders: who they are and why they count
roles and responsibilities: who is accountable for what
planning time, resources, and budget
final check: are you ‘Project Ready’?

Use this alongside Practice Note: A guide to project management—An introduction to project management, the key parameters and the key players in projects...

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Beth Pipe , FCIPD

OnLive Learning

Beth is a Fellow of the Chartered Institute of Personnel and Development (FCIPD) and has spent over 25 years specialising in Learning and Development. During that time she has worked across a broad variety of different industries and has, for the past 15 years, worked closely with a number of well known law firms; this has involved putting in to place systems and structures to encourage, enable and track the effectiveness of learning activities. Adept at face to face course delivery, and always enjoying excellent feedback, Beth is also accomplished at online delivery and created OnLive Learning in response to the challenges presented by the 2020 Covid-19 restrictions.Beth has written extensively for LexisNexis on subjects such as Performance Management, Managing Change and Stress Management. Away from her training delivery she is a published author writing about local history, hiking, wildlife and the outdoors and is...

Web page updated on 21/05/2026

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