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CDMP Practice Exam 1 Data Management Process & Data Governance.

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CDMP Practice Exam 1 Data Management Process & Data Governance.CDMP Practice Exam 1 Data Management Process & Data Governance.CDMP Practice Exam 1 Data Management Process & Data Governance.

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  • August 29, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Lectjoe
CDMP Practice Exam 1 Data Management Process &
Data Governance.
Data is an organizational asset. What international standard is concerned with asset
management? - ANS ISO 55000/55001

What are the disciplines of data management? - ANS 1. Data Quality Management

2. Document and Content Management

3. Data Security Management

4. Data Governance

What are approaches to data valuation? - ANS 1. Cost of obtaining and storing data
2. Cost of replacing data if it were lost
3. What the data could be sold for
4. Expected revenue from innovative uses of data

What does the DAMA Wheel contain? - ANS Knowledge areas

According to the DAMA DMBoK, the Data Governance Council (DGC) is the highest-
authority organization for Data Governance in an organization. Who should typically
chair this Council? - ANS Chief Data Steward (Business)/Chief Data Officer

What are the primary responsibilities of a data steward? - ANS A business role
appointed to take responsibility for the quality and use of their organization's data assets

What is true of data governance? - ANS 1. It's a continuous process of data
improvement
2. IT is a key stakeholder
3. There are different organizational models
4. It's the exercise of authority and control over the management of data assets

Who is responsible for communicating and promoting awareness of the value of Data
Governance in the organization? - ANS Everyone in the data management community

Communicating the value of Data Governance can be approached in a number of ways
such as: - ANS 1. Maintaining an intranet website
2. Publishing a regular newsletter via hardcopy or email
3. Promoting participation in a DM forum or community
4. Creating a series of "elevator pitches" for the appropriate audience

When considering a Data Governance program, communication is a key element. There
are many ways of managing this communication, with one of the most effective being a

, Data Management intranet. What are examples of what you would typically put onto
such a communication vehicle? - ANS 1. Description of the DG organization, its key
members, and contact details
2. Executive message regarding significant Data Management issues
3. The data steward team profiles
4. Link to a "raise an issue" log

Data standards used by the enterprise must? - ANS
Promote consistent results but periodically be reviewed and updated

When new governmental and industry regulations are formulated and enacted, Data
Governance plays a key role in the process of identifying the data and information
components for compliance. What is the most important role in any regulatory
compliance project? - ANS Working with business and technical leadership to find the
best answers to a standard set of regulatory compliance questions (How, Why, When,
etc)

The Data Governance Steering Committee is best described as? - ANS The primary
and highest authority responsible for the oversight and support of Data Governance
activities

The right to be forgotten is? - ANS A person's right to have all their information erased
from an organization

Data Quality rules and standards are a form of data. To be effective, they need to be
managed as data and rules should be ___________? - ANS Documented consistently,
tied to business impact, backed by data analysis, and accessible to all data consumers

What areas do you consider when developing a Data Governance Operating Model? -
ANS 1. The value of the data to the organization

2. The business model- decentralized versus centralized

3. Cultural factors such as acceptance of discipline and adaptability to change

4. Impact of regulation

For countries, is there an internationally recognized set of codes to use? - ANS Yes,
ISO 3166 is the internationally standardized set of codes used most organizations

Every enterprise is subject to many governmental and industry regulations, many of
which regulate how data and information are used and managed. Part of the Data
Governance function is to? - ANS Monitor and ensure that organizations meet any
regulatory compliance requirements

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