System life cycle is an organisational process of developing and maintaining systems. It helps in establishing a system project plan, because it gives overall list of processes and sub-processes required developing a system.
System development life cycle means combination of various activities. In other words we can say that various activities put together are referred as system development life cycle. In the System Analysis and Design terminology, the system development life cycle means software development life cycle.

Following are the different phases of software development cycle:

System study
Feasibility study
System analysis
System design
Coding
Testing
Implementation
Maintenance