The purpose of a release management process in software development is to oversee and control the deployment of software updates and new features. This process helps ensure that releases are organized, predictable, and minimize disruptions to users. Key components include planning, testing, and communication among stakeholders, allowing for higher-quality releases with fewer errors. Release management also involves risk assessment and rollback strategies to address any issues that may arise post-launch. Ultimately, an effective release management process contributes to improved software stability, user satisfaction, and ongoing development efficiency within the software lifecycle.