Information lifecycle management (ILM) is an approach to data and storage management that recognizes the changing value of information over time and manages it accordingly. It involves classifying data based on its business value and establishing policies to migrate, store, and eventually remove it. The stages of the information lifecycle include creation, storage, processing, distribution, and disposition. Effective information management is crucial for organizations, as it ensures the efficient and secure handling of information from planning and systems development to disposal or long-term preservation.
For the Government of Canada, information management is a discipline that directs and supports effective and efficient management of information, safeguarding it as a public trust and managing it as a strategic asset. The Government of Canada Information Management Strategy is implemented to achieve this vision. The strategy is supported by policies, directives, standards, and guidelines that apply to all federal government departments. These instruments are currently being revised under the Treasury Board of Canada Secretariat’s Policy Reset Initiative.
If you have any specific questions about information lifecycle management or need further information, feel free to ask!