Data Life Cycle - 5 Stages

Question 1

Plan

Answer 1

What kind of data needed?
How it will be managed throughout its lifecycle?
Who will be responsible for it?
Optimal outcomes?

Question 2

Capture

Answer 2

This is where data is collected from a variety of sources and brought into the organisation.

One common method is getting data from outside resources. Or a company’s own documents and files which are usually stored within a database.

Question 3

Manage

Answer 3

How we care for our data?
How and where it is stored?
The tools used to keep it safe and secure?
The actions taken to make sure it is maintained properly?

This phase is important to data cleansing.

Question 4

Analyse

Answer 4

Data is used to solve problems.
Make great decisions
And support business goals.

Question 5

Archive

Answer 5

Storing data in a place where it is accessible, but may not be used again.

Question 6

Destroy

Answer 6

Data erasing software.
Shredders for paper files.