1. Click on the Microsoft Office Button present on the top left corner of the window.
2. Now Click on the Save As option
3. Now a new window will pop up.Click on Tools option at the bottom of the window.
4. Now you will two options. You can select either one or both the option.
5. One is Password To Open it will ask for the password every time the document is opened.
6. Second is Password To Modify it will ask for the password every time somebody tries to modify the document.
7. That's it.
You can do the same with all Microsoft 2007 Software ie. with MS PowerPoint, MS Access, etc and set password in same manner as descripted above.
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