Which of the following reasons is a reason why MDM programs are often not successful?
MDM programs often face challenges and can fail due to a combination of factors. Here's a detailed explanation:
Emphasis on Technology:
Technology-Centric Approach: Overemphasis on technology solutions without addressing people and process components can lead to failure. Successful MDM programs require balanced attention to technology, people, and processes.
Positioning within IT:
IT Focus: Poor positioning of the MDM program within the IT organization can lead to it being seen as a purely technical initiative, missing the necessary business alignment and support.
Business Commitment and Engagement:
Lack of Engagement: Insufficient commitment and engagement from the business side can result in inadequate support, resources, and buy-in, leading to failure.
Program vs. Project:
Long-Term Perspective: Treating MDM as a one-time project rather than an ongoing program can limit its effectiveness. MDM requires continuous improvement and adaptation to evolving business needs.
Data Management Body of Knowledge (DMBOK), Chapter 7: Master Data Management
DAMA International, 'The DAMA Guide to the Data Management Body of Knowledge (DMBOK)'
Choosing unreliable sources for data, which can cause data quality issues, is a result of:
Choosing unreliable sources for data can lead to significant data quality issues. This problem is often a symptom of underlying issues in data management practices.
Too Much Data:
While having excessive data can create challenges, it is not directly related to the reliability of data sources.
Immature Data Architecture:
An immature data architecture can contribute to various data issues, but it specifically relates to the overall design and infrastructure rather than the selection of data sources.
Weak Master Data Management (MDM):
MDM is crucial for ensuring data quality and consistency. Weak MDM practices can lead to poor data governance, lack of standardization, and the use of unreliable data sources.
Effective MDM involves establishing strong governance policies, data stewardship, and validation processes to ensure data is sourced from reliable and authoritative sources.
Too Little Data:
Insufficient data can be problematic but is not directly related to choosing unreliable data sources.
No Chance Controls:
This option is not a standard term in data management and does not directly address the issue of data source reliability.
DAMA-DMBOK (Data Management Body of Knowledge) Framework
CDMP (Certified Data Management Professional) Exam Study Materials
What characteristics does Reference data have that distinguish it from Master Data?
Reference data and master data are distinct in several key characteristics. Here's a detailed explanation:
Reference Data Characteristics:
Stability: Reference data is generally less volatile and changes less frequently compared to master data.
Complexity: It is less complex, often consisting of simple lists or codes (e.g., country codes, currency codes).
Size: Reference data sets are typically smaller in size than master data sets.
Master Data Characteristics:
Volatility: Master data can be more volatile, with frequent updates (e.g., customer addresses, product details).
Complexity: More complex structures and relationships, involving multiple attributes and entities.
Size: Larger in size due to the detailed information and numerous entities it encompasses.
Data Management Body of Knowledge (DMBOK), Chapter 7: Master Data Management
DAMA International, 'The DAMA Guide to the Data Management Body of Knowledge (DMBOK)'
What statement is most accurate about master data metadata?
Master data metadata provides crucial information about the master data, offering context and supporting its management and use within the organization.
Who, What, and Where Context:
Metadata provides descriptive information about the master data, including details about who created or modified the data, what the data represents, and where it is used.
This contextual information is essential for understanding the origins, purpose, and usage of the master data.
Includes a Sample of Content:
While metadata might include examples or samples of the data, this is not its primary purpose.
Improving Fit-for-Purpose Choices:
Metadata helps improve the application and governance of master data by providing context and supporting data management decisions.
Securing the Content:
Metadata itself is not primarily focused on security, though it can support data governance and access control processes.
Technical or Business Perspectives:
Metadata can encompass both technical and business perspectives, providing a holistic view of the data's context and usage.
DAMA-DMBOK (Data Management Body of Knowledge) Framework
CDMP (Certified Data Management Professional) Exam Study Materials
Business entities are represented by entity instances:
Business entities are represented within an organization through various forms, primarily as data or records within information systems.
Technical Capabilities:
While technical capabilities support the management and usage of business entities, they are not the representation of the entities themselves.
Business Capabilities:
Business capabilities describe the functions and processes that an organization can perform, but they do not represent individual business entities.
Files:
Files can contain data or records, but they are not the direct representation of business entities.
Data/Records:
Business entities are captured and managed as data or records within databases and information systems.
These records contain the attributes and details necessary to uniquely identify and describe each business entity.
Domains:
Domains refer to specific areas of knowledge or activity but are not the direct representation of business entities.
DAMA-DMBOK (Data Management Body of Knowledge) Framework
CDMP (Certified Data Management Professional) Exam Study Materials
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