Master Data Management
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==Abstract== | ==Abstract== | ||
| − | + | Master Data Management (MDM) plays a critical role in establishing a reliable and trusted platform to share essential data across an organisation. According to Gartner, master data is a "consistent and uniform set of identifiers and extended attributes that describe the core entities" of an enterprise. Successful MDM can help an organisation improve operational efficiency, drive analytical insights and enhance data governance. Appropriate management of master data becomes increasingly important when projects and programs within an organisation grow in complexity. Improper MDM can cause project managers to take inappropriate decisions based on poor data quality. | |
| + | |||
| + | This article will focus on providing an introduction to master data and the underlying principles behind data management. The article will then proceed to describe the Seven Building Blocks for successful MDM while discussing the importance of SOPs in MDM. | ||
==Background== | ==Background== | ||
| − | === | + | ===Master Data In a Nutshell=== |
| + | |||
| + | ===Data Management In a Nutshell=== | ||
| − | ===Data Access=== | + | ====Data Access==== |
| − | ===Data Quality=== | + | ====Data Quality==== |
| − | ===Data Federation=== | + | ====Data Federation==== |
| − | ===Data Governance=== | + | ====Data Governance==== |
| Line 28: | Line 32: | ||
====Metrics==== | ====Metrics==== | ||
| − | ===Standard Operating Procedures | + | ===Standard Operating Procedures for MDM=== |
==Glossary== | ==Glossary== | ||
MDM: Master Data Management | MDM: Master Data Management | ||
| + | SOPs: Standard Operating Procedures | ||
==References== | ==References== | ||
Latest revision as of 20:26, 13 February 2018
Contents |
[edit] Abstract
Master Data Management (MDM) plays a critical role in establishing a reliable and trusted platform to share essential data across an organisation. According to Gartner, master data is a "consistent and uniform set of identifiers and extended attributes that describe the core entities" of an enterprise. Successful MDM can help an organisation improve operational efficiency, drive analytical insights and enhance data governance. Appropriate management of master data becomes increasingly important when projects and programs within an organisation grow in complexity. Improper MDM can cause project managers to take inappropriate decisions based on poor data quality.
This article will focus on providing an introduction to master data and the underlying principles behind data management. The article will then proceed to describe the Seven Building Blocks for successful MDM while discussing the importance of SOPs in MDM.
[edit] Background
[edit] Master Data In a Nutshell
[edit] Data Management In a Nutshell
[edit] Data Access
[edit] Data Quality
[edit] Data Federation
[edit] Data Governance
[edit] MDM Tools
[edit] The Seven Building Blocks Framework for MDM
[edit] Vision
[edit] Strategy
[edit] Governance
[edit] Organization
[edit] Processes
[edit] Technology Infrastructure
[edit] Metrics
[edit] Standard Operating Procedures for MDM
[edit] Glossary
MDM: Master Data Management SOPs: Standard Operating Procedures
[edit] References
