I am trying to use arcpy.da.UpdateCursor to find and replace old values in a field with new values. I have made it work but I will ended up with an ridiculously lard if\elif statement (notice below that I stopped after the first 2 items in the list). I would like to avoid this by iterating through both list to update the field. I have tried without any luck. Any suggestions? Code is attached.
Assuming the mapping between the two life cycle status lists is one to one based on position in the list, the following will work: