Records Management no longer exists only in the Records Center in SharePoint 2010; it is present throughout SharePoint libraries and lists. A document can be declared a record no matter which library it is found in.
Once a document is declared as a record, organizational policies can applied. Due to the oversight of entities such as Sarbanes-Oxley, DOD certification, ISO certification, among others, it is imperative that organizations manage a document from cradle to grave. The administrator should be aware that this depends on the requirements of the governing body. It is not realistic to believe that SharePoint 2010 meets every certification need out of the box.
We also live in a society of litigation, which means every piece of information in an organization is subject to scrutiny. Records Management helps the administrator to be proactive to these type of initiatives when they happen. Records Management is how we manage what happens to a document. This recipe...
