Groups can be created with different permissions. Users added will inherit the permissions of the group. The control panel automatically manages the default groups for the entire site. You can still create your
own groups in addition to the default groups. These will be managed manually. It is recommended not to manage the default groups from the site itself, but from the control panel
Default Groups - Roles
Visitors to this Site: Read Only
Members of this Site: Contributor
Owners of this Site: Full Control

Creating a Group
Groups can by created in two ways.
From Site Setting
1. Login to the sharepoint site.
2. Click "Site Actions"

3. Select "Site Setting"

4. Under "Users and Permissions" click "People and Groups"

5. Click "Groups"

6. Click "New"

From Site Permissions
1. Login to the sharepoint site.
2. Click "Site Actions"

3. Click "Site Permissions"
4. Click "Create Group"
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