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The goal of data governance is to enable an organisation to manage data as an...

The goal of data governance is to enable an organisation to manage data as an asset. To achieve this, the DG programs must be:

A.

Able to register the data asset with the financial controller to ensure it is managed like all other assets

B.

Fixed to achieve a successful outcome in a defined time period

C.

Represented by finance during the process for acquiring and disposing of the data asset

D.

Sustainable, to be created as an ongoing practice with leadership, sponsorship and ownership

E.

Able to assign a dollar value to a data asset in order to determine the appropriate cost-to-investment ratio for budgeting purposes

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