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Exam (elaborations)

CDMP Practice Exam 1: Data Management Process & Data Governance 2023/2024

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CDMP Practice Exam 1: Data Management Process & Data Governance 2023/2024 Data is an organizational asset. What international standard is concerned with asset management? - ANSWER-ISO 55000/55001 What are the disciplines of data management? - ANSWER-1. Data Quality Management 2. Document and Content Management 3. Data Security Management 4. Data Governance What are approaches to data valuation? - ANSWER-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? - ANSWER-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? - ANSWER-Chief Data Steward (Business)/Chief Data Officer What are the primary responsibilities of a data steward? - ANSWER-A business role appointed to take responsibility for the quality and use of their organization's data assets

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2023/2024
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CDMP Practice Exam 1: Data
Management Process & Data
Governance 2023/2024

Data is an organizational asset. What international standard is concerned with asset management? -
ANSWER-ISO 55000/55001



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



2. Document and Content Management



3. Data Security Management



4. Data Governance



What are approaches to data valuation? - ANSWER-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? - ANSWER-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? - ANSWER-
Chief Data Steward (Business)/Chief Data Officer



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

, What is true of data governance? - ANSWER-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? - ANSWER-Everyone in the data management community



Communicating the value of Data Governance can be approached in a number of ways such as: -
ANSWER-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? - ANSWER-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? - ANSWER-

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? - ANSWER-Working with business and
technical leadership to find the best answers to a standard set of regulatory compliance questions (How,
Why, When, etc)

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