Lifecycle models enable you to govern your assets more effectively by allowing you to enforce governance controls at various points in an asset's lifecycle.

When you associate a lifecycle model with an asset type, you make it possible to impose design/change-time policies at each step of the asset's lifecycle. These policies enable you to control the transition of an asset from one step of its lifecycle to another by triggering review and approval processes, issuing email notifications, updating permission settings and generally verifying that an asset meets the requirements necessary to enter the next step in its lifecycle.