The IAM lifecycle consists of four cycles:
1. Provisioning: This is the process of creating and configuring IAM resources such as users, groups, roles, and policies.
2. Governance: This is the process of managing and monitoring IAM resources to ensure that they are used in accordance with organizational policies and standards.
3. Auditing: This is the process of reviewing IAM resources to ensure that they are being used in accordance with organizational policies and standards.
4. De-provisioning: This is the process of removing IAM resources that are no longer needed.