Security Configuration Manager is a snap-in component for MMC that is designed to provide a central repository for security-related administrative tasks.
With Security Configuration Manager, you will be able to use a common tool to configure and analyze security on one or more Windows NT machines in your network.
Security Configuration Manager is intended to answer the need for a central security configuration tool, and will provide the framework for enterprise-level analysis functionality.
Most importantly, it will reduce security-related administration costs by defining a single point where the entire system's security can be viewed, analyzed, and adjusted as necessary. The goal is to provide a comprehensive, flexible, extensible and simple tool for configuring and analyzing system security.