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Release Management involves coordinating and managing all aspects of releasing software, making it an essential part of Application Lifecycle Management (ALM) within the Software domain. It focuses on planning, scheduling, and controlling a release to ensure that it is delivered on time and within budget while meeting quality expectations. Release Management also includes managing risks, resolving issues, and verifying that the release is deployed correctly. This process helps organizations improve their software development and delivery practices, increase efficiency, and reduce the risk of errors or delays. By effectively managing releases, teams can ensure that they deliver high-quality software to their customers quickly and efficiently, ultimately improving their overall business outcomes.