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Product Lifetime (PD4587)

Lifetime of the product provided by the organization (based on reasonable use).

Organizations should report product lifetime in number of years.
Reporting format
Unit Referenced within Metric Definition
Metric type
Stock
Metric level
Product/Service
IRIS metric citation
IRIS, 2016. Product Lifetime (PD4587). v4.0.

Footnote

Organizations should footnote the method used for estimating life span. See usage guidance for further information.

Usage Guidance

  • Product lifetime refers to the length of time for which it is estimated that the product will perform its intended functions, assuming reasonable use.
  • Examples of methods for estimating the lifespan, to footnote, include: research and development, field test, customer surveys, or other.