The primary goal of data lifecycle management (DLM) is to ensure the effective handling of data throughout its entire existence, from creation to deletion. This involves implementing policies and processes to manage data storage, access, retention, and disposal in a compliant manner. DLM optimizes resource utilization, reduces costs, and ensures data integrity and security. By clearly defining how data is classified and managed at each stage, organizations can maintain regulatory compliance and mitigate risks associated with data breaches or loss.