The RIM Process Life Cycle entails:
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Identification of the organisation's information needs;
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Determining information that requires capturing;
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Creating, approving, and enforcing policies and practices regarding records, including their organization and disposal;
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Developing a records storage plan, which includes the short and long-term housing of physical records and digital information;
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identifying, classifying, and storing records;
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Coordinating access to records internally and outside of the organization, balancing the requirements of business confidentiality, data privacy, and public access;
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Executing a retention policy on the disposal of records which are no longer required for operational reasons; according to organizational policies, statutory requirements, and other regulations this may involve either their destruction or permanent preservation in an archive.
