What is the purpose of the Information Lifecycle Model?

The purpose of the Information Lifecycle Model is to dictate the creation and handling of information throughout its life cycle. This model provides a structured approach to managing information from its initial creation, through its use and maintenance, to its eventual archiving and disposal. By outlining the various stages and responsibilities associated with information management, organizations can ensure that data is handled in a manner that maintains its integrity, security, and compliance with relevant regulations.

This model emphasizes the importance of proper information governance, which includes defining roles and processes for data handling, thereby contributing to a more effective and organized approach to managing information assets. It is particularly relevant in contexts where data protection, retention policies, and information accuracy are critical for both operational effectiveness and legal compliance.