Which of the following is NOT a Reference & Master Data activity?
A.
Evaluate and Assess Data Sources
B.
Manage the Lifecycle
C.
Establish Governance Policies
D.
Model Data
E.
Define Architectural Approach
The Answer Is:
A
This question includes an explanation.
Explanation:
Activities related to Reference & Master Data typically include managing the lifecycle, establishing governance policies, modeling data, and defining architectural approaches. However, evaluating and assessing data sources is generally not considered a core activity specific to Reference & Master Data management. Here's a detailed explanation:
Core Activities:
Manage the Lifecycle: Involves overseeing the entire lifecycle of master data, from creation to retirement.
Establish Governance Policies: Setting up policies and procedures to govern the management and use of master data.
Model Data: Creating data models that define the structure and relationships of master data entities.
Define Architectural Approach: Developing the architecture that supports master data management, including integration and data quality frameworks.
Excluded Activity:
Evaluate and Assess Data Sources: While this is an important activity in data management, it is more relevant to data acquisition and integration rather than the ongoing management of reference and master data.
References:
Data Management Body of Knowledge (DMBOK), Chapter 7: Master Data Management
DAMA International, "The DAMA Guide to the Data Management Body of Knowledge (DMBOK)"
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