IIBA CBDA Exam - Topic 4 Question 29 Discussion

Actual exam question for IIBA's CBDA exam

Question #: 29
Topic #: 4

Interested in ensuring that analytics continues to contribute value to the overall organization, the lead analyst suggests developing a long term plan to define how the enterprise will identify, store, manage, share, and use its data long-term. The analyst is proposing the development of a:

AData roadmap

BBusiness strategy

CData strategy

DData management plan
Explanation:
A data strategy is a long-term plan that defines how the enterprise will identify, store, manage, share, and use its data to achieve its business goals and objectives1.A data strategy aligns the data vision, mission, principles, and policies with the business strategy, and guides the data governance, data quality, data architecture, data security, data integration, data analytics, and data culture of the organization2.A data strategy helps the organization to leverage its data as a strategic asset, to create value, to improve performance, and to gain competitive advantage3.
A data roadmap is a document that outlines the specific actions, milestones, deliverables, and timelines for implementing the data strategy. A data roadmap is a tactical tool that helps the organization to prioritize, coordinate, and communicate its data initiatives, and to track its progress and outcomes. A data roadmap is not a long-term plan, but a dynamic and flexible plan that can be updated and revised as the data strategy evolves.
A business strategy is a high-level plan that defines how the enterprise will achieve its vision, mission, and goals in a competitive market. A business strategy sets the direction, scope, and value proposition of the organization, and guides its decisions on resource allocation, product development, customer segmentation, pricing, marketing, and differentiation. A business strategy is not a plan that defines how the enterprise will identify, store, manage, share, and use its data, but a plan that defines how the enterprise will create and sustain value for its stakeholders.
A data management plan is a document that describes the data that will be collected, generated, or used in a specific project, and how the data will be handled, stored, preserved, shared, and reused during and after the project. A data management plan is a operational tool that helps the project team to comply with the data policies, standards, and best practices of the organization, and to ensure the quality, integrity, security, and accessibility of the dat
a.A data management plan is not a long-term plan, but a project-specific plan that can be modified and updated as the project progresses.

Show Suggested Answer

Suggested Answer: B

The Gaussian distribution, also known as the normal distribution, is a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean. In graph form, the Gaussian distribution will appear as a bell curve, which is the case with option A. It is characterized by its bell-shaped curve and is defined by the mean () and the standard deviation (). It is a common assumption for the distribution of independent, randomly generated variables.

by Rima at Jan 10, 2025, 03:46 PM

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Vanda

5 months ago

I'm surprised they didn't mention data governance more!

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Miles

5 months ago

A data strategy aligns everything, can't overlook that!

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Chuck

6 months ago

Wait, isn't a data roadmap more practical for this?

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Altha

6 months ago

Totally agree, we need a clear data strategy!

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Tiffiny

6 months ago

Sounds like a solid plan! A data strategy is key.

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Elden

6 months ago

I keep getting mixed up between data strategy and business strategy. I guess C makes sense, but I wonder if A could also fit in some way.

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Tawna

7 months ago

I feel like I've seen a similar question before, and it was about distinguishing between data strategy and data management plans. I think C is still the best choice here.

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Quiana

7 months ago

I'm not entirely sure, but I remember something about a data roadmap being more about specific actions rather than a long-term plan.

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Teddy

7 months ago

I think the answer is C, data strategy, because it focuses on how to manage and use data long-term, which aligns with the question.

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Kris

7 months ago

I'm a bit confused by the options here. Is the data roadmap the same as the data strategy, or are they different things? I'll need to re-read the question and the explanations to make sure I understand the difference.

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Ryann

7 months ago

Okay, I think I've got it. The question is asking about a long-term plan for managing data, so the correct answer must be the data strategy. I'm feeling good about this one.

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Josephine

7 months ago

Hmm, this is a tricky one. I'm not entirely sure if I should go with the data roadmap or the data strategy. I'll need to think this through carefully before making a decision.

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Ettie

7 months ago

I'm pretty confident I can handle this one. The key seems to be identifying the long-term plan that defines how the enterprise will manage its data, so I'll go with option C - Data strategy.

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Aleisha

12 months ago

A data management plan seems a bit too narrow for this scenario. We need a higher-level plan to guide the organization's data initiatives, not just a project-specific plan.

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Verona

12 months ago

Haha, I'm glad they didn't go with 'Business strategy' as the answer. That would be like trying to build a house without any plans for the plumbing or electricity!

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Aleisha

10 months ago

D: Definitely, it helps to prioritize and track progress.

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Shayne

10 months ago

C: Imagine trying to build a house without a solid foundation!

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Ivory

10 months ago

C: Data roadmap

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Muriel

10 months ago

B: Absolutely, it's essential for long-term success.

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Joesph

10 months ago

B: Yeah, having a long-term plan for data is crucial for success.

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Lelia

11 months ago

A: Data strategy is the way to go for sure.

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Louann

11 months ago

A: Data strategy

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Shalon

1 year ago

The data strategy sounds like the most comprehensive option here. It covers all the key aspects of data management that the lead analyst is proposing.

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Bok

11 months ago

A: It aligns with the business strategy and helps leverage data as a strategic asset for competitive advantage.

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Nana

11 months ago

B: Definitely, having a clear plan in place for identifying, storing, and using data is crucial for the organization.

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Judy

12 months ago

A: I agree, a data strategy seems like the best option to ensure long-term success with data management.

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Lera

1 year ago

I'm a bit confused between the data roadmap and the data strategy. Can you clarify the difference between the two?

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Kiley

11 months ago

D: A data roadmap is a tactical tool for prioritizing and tracking data initiatives.

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Youlanda

11 months ago

C: A data strategy guides data governance, quality, security, and analytics.

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Reena

11 months ago

B: A data roadmap outlines specific actions and milestones for implementing the data strategy.

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Gene

12 months ago

A: A data strategy is a long-term plan that aligns data vision with business goals.

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Eladia

1 year ago

I think the correct answer is C) Data strategy. The question clearly describes the need for a long-term plan to manage data, which aligns with the definition of a data strategy.

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