In the world of Enterprise Content Management, records management is the practice of maintaining the records of an organization from the time they are created until they are disposed. A record is a piece of information or document that has been created by the organization that is evidence of an event or activity. Records can be physical, on paper, or they can be electronic. The University has legal obligations to retain records for the correct amount of time.
SharePoint 2010 offers a number of features that make the management of electronic records easier: