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Dama Exam CDMP-RMD Topic 2 Question 18 Discussion

Actual exam question for Dama's CDMP-RMD exam
Question #: 18
Topic #: 2
[All CDMP-RMD Questions]

The MDM program's governance scope should include:

Show Suggested Answer Hide Answer
Suggested Answer: C

Reference data and master data are distinct in several key characteristics. Here's a detailed explanation:

Reference Data Characteristics:

Stability: Reference data is generally less volatile and changes less frequently compared to master data.

Complexity: It is less complex, often consisting of simple lists or codes (e.g., country codes, currency codes).

Size: Reference data sets are typically smaller in size than master data sets.

Master Data Characteristics:

Volatility: Master data can be more volatile, with frequent updates (e.g., customer addresses, product details).

Complexity: More complex structures and relationships, involving multiple attributes and entities.

Size: Larger in size due to the detailed information and numerous entities it encompasses.


Data Management Body of Knowledge (DMBOK), Chapter 7: Master Data Management

DAMA International, 'The DAMA Guide to the Data Management Body of Knowledge (DMBOK)'

Contribute your Thoughts:

Jamika
1 months ago
I was leaning towards A, B, and C, but after thinking it through, I agree that D is the best answer. Can't miss any important elements of the governance scope!
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Danica
1 days ago
I agree, but I also think D should be included to cover all bases.
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Mozell
19 days ago
Agreed, we can't afford to overlook any important elements when it comes to managing master data.
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Lavonda
21 days ago
I think D is the best answer too. We need to cover all bases in the governance scope.
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Jade
27 days ago
I think A, B, and C are important to include in the governance scope.
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Candida
2 months ago
Definitely D. An effective MDM program needs to have a comprehensive governance scope to ensure consistency and control across the entire master data ecosystem.
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Therese
2 months ago
I think option D is the correct answer. The governance scope of an MDM program should cover all aspects of master data management, including internal data subscribers, the master data authored in the MDM UI, and external third parties using the master data.
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Alise
21 days ago
Having a clear understanding of all data sources and users helps in maintaining consistency and accuracy in the master data.
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Celia
23 days ago
Including internal and external stakeholders in the governance scope is crucial for effective data management.
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Roslyn
30 days ago
It's important to have a comprehensive scope to ensure the integrity and quality of the master data.
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Salina
1 months ago
I agree, option D covers all the necessary aspects of governance for an MDM program.
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Jin
2 months ago
I believe that data sources of the master data should also be included in the governance scope to ensure comprehensive management and control.
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Tammara
2 months ago
I agree with Malcolm, including internal data subscribers, master data authored in the MDM user interface, and external third parties using Master Data is crucial for effective governance.
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Malcolm
2 months ago
I think the governance scope should include all of the above.
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