SDLC is primarily focused on the development phase. ALM is concerned with the entire application life cycle. (governance, development, and maintenance) eg: Jira is an enterprise-grade ALM tool with features to manage complex application lifecycles. TFS is a Microsoft tool that we should use to implement ALM, while as mention before it's a part of Visual Studio Team System. Project governance is the management framework within which project decisions are made. The accountabilities and responsibilities associated with an organization's BAU activities are laid down in their organizational governance arrangements. In software engineering, a software development process is the process of dividing software development work into smaller, parallel or sequential steps or subprocesses to improve design, product management. It is also known as a software development life cycle (SDLC). (Most modern development processes can be vaguely described as agile. Other methodologies include waterfa...