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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is a Retention Schedule?
What is a Retention Schedule?  

What is a Retention Schedule?


Retention Schedule refers to a records management document that specifies requirements for storing, categorizing and disposing various documents and records within an organization. It explains employees how they should keep, treat, and dispose their records and documents in their workplaces. It can be designed as a timeline that includes special events for managing papers and requirements for managing the document retention process.

 In some organizations, retention schedules are called record disposition schedules or record control schedules. Retention schedules help personnel to keep their documents and records organized, up-to-date and revised. A typical schedule of record retention includes the following components:

  • Timeline that describes the length of time each record or paper will be retained as active.
  • Requirements that specify document retention rules (legal, fiscal, historical).
  • Labels or special marks that help categorize papers by some attributes including date and title.
  • Disposition that describes where each document or record will be stored and when it should be either archived or destructed.

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