Application lifecycle management (ALM) covers all stages of a software application’s life, from initial planning and development to deployment, maintenance, and eventual retirement. ALM facilitates collaboration among different stakeholders, including developers, testers, and project managers, ensuring a coordinated approach to application development. It involves implementing best practices for project management, version control, and continuous integration/continuous deployment (CI/CD) to improve software quality and delivery speed. By adopting ALM, organizations can better manage their resources and respond flexibly to evolving project requirements.