Here are some helpful links on Software Management in Altiris 7.1. It's not a quick read -- it might take you a half hour -- but this anticipates questions you'll have and answers them.
Symantec Software Management 7.1 Best Practices, Part 1
https://www-secure.symantec.com/connect/articles/symantec-software-management-71-best-practices-part-1
Symantec Software Management 7.1 Best Practices, Part 2
https://www-secure.symantec.com/connect/articles/symantec-software-management-71-best-practices-part-2
Symantec Software Management 7.1 Best Practices, Part 3
https://www-secure.symantec.com/connect/articles/symantec-software-management-71-best-practices-part-3
Symantec Software Management 7.1 Best Practices, Part 4
https://www-secure.symantec.com/connect/articles/symantec-software-management-71-best-practices-part-4
Symantec Software Management 7.1 Best Practices, Part 5
https://www-secure.symantec.com/connect/articles/symantec-software-management-71-best-practices-part-5
Symantec Software Management 7.1 Best Practices, Part 6
https://www-secure.symantec.com/connect/articles/symantec-software-management-71-best-practices-part-6
Symantec Software Management 7.1 Best Practices, Part 7
https://www-secure.symantec.com/connect/articles/symantec-software-management-71-best-practices-part-7
Symantec Software Management 7.1 Best Practices
http://www.symantec.com/docs/HOWTO59040
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