When a SharePoint site is created, by default 3 SharePoint
groups are created
Site Owners - Full control
Site Members - Contribute
Site Visitors - Read
Below are the permissions you get when you are a Site
Owner (Full Control)
List
Permissions 
Manage
Lists - Create and delete lists, add or remove columns in a
list, and add or remove public views of a list. 
Override
Check Out - Discard or check in a document which is checked out
to another user. 
Add
Items - Add items to lists and add documents to document
libraries. 
Edit
Items - Edit items in lists, edit documents in document
libraries, and customize Web Part Pages in document libraries. 
Delete
Items - Delete items from a list and documents from a
document library. 
View
Items - View items in lists and documents in document
libraries. 
Approve
Items - Approve a minor version of a list item or document. 
Open
Items - View the source of documents with server-side file
handlers. 
View
Versions - View past versions of a list item or document. 
Delete
Versions - Delete past versions of a list item or document. 
Create
Alerts - Create alerts. 
View
Application Pages - View forms, views, and application pages.
Enumerate lists. 
Site
Permissions
Manage
Permissions - Create and change permission levels on
the Web site and assign permissions to users and groups. 
View
Web Analytics Data - View reports on Web site usage. 
Create
Subsites - Create subsites such as team sites, Meeting Workspace
sites, and Document Workspace sites. 
Manage
Web Site - Grants the ability to perform all administration
tasks for the Web site as well as manage content. 
Add
and Customize Pages - Add, change, or delete HTML pages or Web
Part Pages, and edit the Web site using a Microsoft SharePoint
Foundation-compatible editor. 
Apply
Themes and Borders - Apply a theme or borders to the entire
Web site. 
Apply
Style Sheets - Apply a style sheet (.CSS file) to the
Web site. 
Create
Groups - Create a group of users that can be used anywhere
within the site collection. 
Browse
Directories - Enumerate files and folders in a Web site
using SharePoint Designer and Web DAV interfaces. 
View
Pages - View pages in a Web site. 
Enumerate
Permissions - Enumerate permissions on the Web site,
list, folder, document, or list item. 
Browse
User Information - View information about users of the Web
site. 
Manage
Alerts - Manage alerts for all users of the Web site. 
Use
Remote Interfaces - Use SOAP, Web DAV, the Client Object
Model or SharePoint Designer interfaces to access the Web site. 
Use
Client Integration Features - Use features which launch client
applications. Without this permission, users will have to work on documents
locally and upload their changes. 
Open -
Allows users to open a Web site, list, or folder in order to access items
inside that container. 
Edit
Personal User Information - Allows a user to change his or her
own user information, such as adding a picture. 
Personal
Permissions 
Manage
Personal Views - Create, change, and delete personal views
of lists. 
Add/Remove
Personal Web Parts - Add or remove personal Web Parts on a Web
Part Page. 
Update
Personal Web Parts - Update Web Parts to display personalized
information.