Creating a Life Cycle with the Life Cycle Wizard To create a life cycle with the Life Cycle Wizard: In the Setup list, select Setup. In the Setup field, select Life Cycle. In the navigation pane, select the folder to which you want to add the life cycle. From the New list, select Life Cycle. The Life Cycle Wizard appears. In each step of the Life Cycle Wizard, add and edit information for the life cycle.