Data Lifecycle Policy

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The Data Lifecycle Policy establishes the use of a Data Lifecycle within the organisation.


Policies

The Data Lifecycle

Example Value Streams

Common data value stream include:

  • Value Streams #1 - Collection & Storage
    • Meeting legislative requirements in the collection and storage of data
    • Ability to understand the data being stored??
  • Value Stream #2 - Metadata (Collection)
    • Enhanced Data Searchability
    • Clarity of insights
    • Improvements in Data Quality and consistency
    • Improved Data Governance, Compliance and Security
    • Improved employee productivity
  • Value Stream #3 - Analytics & Reporting
    • Reportings & Insights
    • Improved Business efficiency
    • Meeting legislative requirements, and addressing parliamentary inquiries.
  • Value Stream #4 - Data Quality
    • Data Quality insights
    • Improved data accuracy
    • Improved data consistency
    • Improved confidence in data
    • Improved reputation
  • Value Stream #5 - Archival
    • Disaster Recovery & Business Continuity support
    • Meeting legislative requirements of the Archive Act, PGPA Act, and other organisational policies
    • Leveraging affordable long-term storage.

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