One more consideration for the use of the AutoCAD Sheet Set Manager is the ability to include a layout within your sheet set.  It is important to realize that a layout can belong to one, and only one, sheet set project.  A single drawing file can have many layouts and those layouts can belong to different sheet sets, but each layout can belong to only one sheet set.

If you work in an office where many users could potentially work on a project together, you don’t want to create a sheet set  and place the .dst file on your PC.  If you do this, and others attempt to create a sheet set on their machine or on the server, it will be impossible for any of the layouts referenced in your .dst file to be included in theirs.

Before you know it, users are copying drawing files in order to include the layouts in their version of the sheet set and people are working on different copies of the same drawing. Not Good.  Long story short, create sheet sets and place the .dst files where they are accessible to everyone in the office.  Better yet, come up with a company standard on where the .dst files are to be located on the server (I always suggest in the same project folder that the drawing files are located).