1 Data Management Flashcards
Please select the correct definition of Data Management from the options below:
1) Data Management is the strict control of all plans, policies, programs and practices that enable the business strategy to be successfully executed.
2) Data Management is the development, execution and supervision of plans, policies, programs and practices that deliver, control, protect and enhance the value of data and information assets throughout their lifecycles.
3) Data Management is the development, execution, and supervision of plans, policies, programs and practices that deliver, control, protect and enhance the value of data assets throughout their lifecycles.
4) Data management is the development, execution and supervision of plans, policies, programs and practices that deliver, control, protect and enhance the value of information assets throughout their lifecycles.
2
p17
Data Management professionals only work with the technical aspects related to data.
T
F
F
p 17
differentiating between data and information. Please select the correct answers based on the sentence below:
Here is a marketing report for the last month[1]. It is based on data from our data warehouse[2]. Next month these results[3] will be used to generate our month-over-month performance measure[4]
1) [1] Information, [2] Information, [3] data, [4] information
2) [1] Data, [2] Information, [3] data, [4] Data
3) [1] Data, [2] Data, [3] Data, [4] information
4) [1] Information, [2] Data, [3] Data, [4] Information
4
p20
Please select the answers that correctly describes the set of principles that recognizes salient features of data management practice.
MULTI SELECT
1) Data is an asset with unique properties.
2) It takes metadata to manage data.
3) The most important part of data management is security.
4) Data management is lifecycle management.
5) Effective data management requires leadership commitment.
6) Efficient data management requires a team of IT professionals only.
1,2,4,5
p22-23
Value is the difference between the cost of a thing and the benefit derived from the thing.
MULTIPLE CHOICE
T
F
True
p24
Please select the correct general cost and benefit categories that can be applied consistently within an organization.
Multi-Select
1) Cost of erasing data from servers
2) Cost of improving data
3) What the data could be sold for
4) Benefit of higher quality data
5) Cost of replacing the data if it were lost.
6) What competitors would pay for data.
2,3,4,5,6
p24
Please select the answers that correctly describes where the costs of poor quality data comes from.
Multi-Select
1) Scrap and rework
2) Organizational conflict
3) High job satisfaction
4) High productivity
5) Reputational costs
6) Compliance costs
1,2,5,6
p25-26
Reduced risk is a benefit of high quality data
True
P25-26
The better an organization understands the lifecycle and lineage of its data, the better able it will be to manage its data. Please select correct implication of the focus of data management on the data lifecycle.
1) Data quality must be managed throughout the data lifecycle
2) Data security must only be managed at the start of the data lifecycle
3) Metadata Quality is the most important art of the management process
4) Data Management efforts should focus on the most critical data last.
1
p29
Information gaps represent enterprise liabilities with potentially profound impacts on operational effectiveness and profitability
Multi choice
1) T
2) F
1 True
P30
