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Dama CDMP-RMD Exam - 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:

AInternal data subscribers to the master data

BMaster Data authored in the MDM user interface

CExternal third parties using Master Data

DData sources of the master data Q All of the above

Show Suggested 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)'

by Janella at Oct 19, 2024, 08:22 PM

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Billye

8 months ago

Master Data authored in the MDM UI is a must-have!

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Elizabeth

8 months ago

Wait, are we really including external parties? That seems risky.

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Wilda

8 months ago

All of the above makes sense for comprehensive governance.

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Linsey

9 months ago

I think external third parties should be part of it too.

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Tresa

9 months ago

Definitely includes internal data subscribers!

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Alex

9 months ago

I feel like all of these options are relevant to MDM governance, but I wonder if there's a specific hierarchy we should follow.

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Leota

9 months ago

I’m a bit confused about whether we should focus more on the data sources or the users. I think both are important, but I can't recall which one is prioritized in governance.

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Germaine

9 months ago

I remember a practice question that emphasized the importance of including all stakeholders, so I feel like option D might be the best choice here.

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Callie

9 months ago

I think the governance scope should definitely include internal data subscribers, but I'm not sure about external third parties.

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Cordelia

9 months ago

I feel pretty confident about this one. The key is that the governance scope should include all the entities that interact with the master data, so D is the correct answer.

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Laquita

9 months ago

Based on my understanding of MDM, the governance should cover all the stakeholders involved, so I'm going to go with D - All of the above.

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Kendra

9 months ago

I'm a bit confused by the options here. I'll need to think this through carefully to make sure I understand the scope of MDM governance before selecting an answer.

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Alex

9 months ago

Hmm, I'm not sure about this one. The governance scope could include internal data subscribers, external third parties, and data sources, so I'm leaning towards D - All of the above.

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Chana

10 months ago

This question seems straightforward, I think the answer is B - Master Data authored in the MDM user interface.

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Jamika

1 year 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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Keneth

1 year ago

Definitely, we need to consider all aspects when defining the governance scope.

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Marci

1 year ago

Yeah, D makes sense to ensure we don't miss any important elements.

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Danica

1 year ago

I agree, but I also think D should be included to cover all bases.

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Mozell

1 year ago

Agreed, we can't afford to overlook any important elements when it comes to managing master data.

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Lavonda

1 year ago

I think D is the best answer too. We need to cover all bases in the governance scope.

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Jade

1 year ago

I think A, B, and C are important to include in the governance scope.

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Candida

1 year 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

1 year 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

1 year 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

1 year ago

Including internal and external stakeholders in the governance scope is crucial for effective data management.

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Roslyn

1 year 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 year ago

I agree, option D covers all the necessary aspects of governance for an MDM program.

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Jin

1 year 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

1 year 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

1 year ago

I think the governance scope should include all of the above.

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