Should we define PLM as an Engineering Decision-making Framework?

A quick peek into some research on Improving Engineering Decision-making with PLM from a recent Tech-Clarity report. The report discusses how manufacturers can improve products (and profits) by enabling engineers and product developers to make better decisions. Is this a new way to define PLM? Perhaps this gets to the fundamental problem PLM solves? At

Improving Engineering Decision-Making with PLM

Issue in Focus: Improving Engineering Decision-Making with PLM – Better Products through Information-Driven Decisions discusses the importance of enabling engineers and product developers to make informed decisions when developing products. The report discusses how PLM must provide efficient and rapid access to product information – in context – so engineers can make optimal, information-driven decisions