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A typical retention rate is 5% of which half is released at completion and half at the end of the defects liability period (often 12 months later). There has been criticism of the practice for leading to uncertainty on payment dates, increasing tensions between parties and putting monies at risk in cases of insolvency .
A retention period (associated with a retention schedule or retention program) is an aspect of records and information management (RIM) and the records life cycle that identifies the duration of time for which the information should be maintained or "retained", irrespective of format (paper, electronic, or other). Retention periods vary with ...
the amount of time in which a given set of data will remain available for restore. Some backup products rely on daily copies of data and measure retention in terms of days. Others retain a number of copies of data changes regardless of the amount of time. Site-to-site backup. backup, over the internet, to an offsite location under the user's ...
Grandfather-father-son backup (GFS) is a common rotation scheme for backup media, [1] in which there are three or more backup cycles, such as daily, weekly and monthly. The daily backups are rotated on a 3-months basis using a FIFO system as above. The weekly backups are similarly rotated on a bi-yearly basis, and the monthly backup on a yearly ...
Data can also be sent electronically via a remote backup service, which is known as electronic vaulting or e-vaulting. Sending backups off-site ensures systems and servers can be reloaded with the latest data in the event of a disaster, accidental error, or system crash.
A part of any effective data retention policy is the permanent deletion of the retained data; achieving secure deletion of data by encrypting the data when stored, and then deleting the encryption key after a specified retention period. Thus, effectively deleting the data object and its copies stored in online and offline locations. [7]
The construction boom in China delivered an installed base that is approximately 40% of total units installed globally today. That's a very large and important market.
A retention schedule is a listing of organizational information types, or series of information in a manner which facilitates the understanding and application of the identified and approved retention period, and other information retention aspects.