Immortal products are updated and upgraded to go from application to application and, in so doing, to extend their life as long as possible. Designing such products is the key to a sustainable society from the circular economy perspective. It is a new way of designing that must be supported by engineering tools to be deployed in companies, small and medium-sized enterprises (SMEs) included. The implementation of circular loops and the associated industrial systems are very dependent on the contexts and life scenarios of the products. Thus, depending on the products to be re-circulated, the processes controlled, and the actors involved, the requirements to be reported at design level are very diverse. This paper proposes a new design method based on lifecycle scenarios to be analyzed and designed. Supported by classical engineering tools that has been adapted for circular economy (CE) context, the lifecycle model enables simultaneous design of businesses, products and services and the evaluation of their environmental values. Three industrial design cases showing the application of engineering tools for implementation of CE lifecycle scenarios are presented.