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Master Data Management (MDM) needs arise from many different causes - mergers and acquisitions, poor data management practices of the past, legacy systems, ERP and packaged application inconsistencies, and more. MDM is complex and challenging, but it pays great dividends when done well.
The unique challenges of an MDM program are often not apparent even to seasoned data management professionals. The complexities of managing identities, managing hierarchies, and resolving conflicts among disparate data sources make MDM an ambitious undertaking. Add to these complexities the multi-faceted nature of MDM - with human, organizational, architectural, and technological implications - and it becomes clear that knowledge is an essential component of MDM success.
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This online training course builds upon experiences of those who have implemented MDM. You will learn the terminology used, the different styles and architectures of MDM, and the best (and worst) practices for MDM programs.
You will learn:
- the concepts and terminology of MDM
- the architectural options for MDM implementation
- the elements and activities of building an MDM business case
- best (and worst) practices for MDM
- the important role of related disciplines such as data governance and data quality
This course is geared towards:
- all individuals who are planning for or actively involved in an MDM program of work
MDM-01 MDM Fundamentals and Best Practice
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MDM-01-00 About the Course (6 min)
MDM-01-01 Introduction (38 min)
- What is Master Data Management?
- What Is Master Data?
- Sources of Master Data
- Poor Master Data Consequences
- Why is Master Data Management So Difficult?
- Types of Master Data Managed
MDM-01-02 Best Practice (75 min)
- The Business Case for MDM
- MDM in Action
- MDM Potholes
- Best Practices Review
MDM-01-03 Architecture and Technology (94 min)
- MDM Architectures
- Data Governance
- Data Quality
MDM-01-04 Conclusions (16 min)
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Click -here- to download a more detailed outline of this course.
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This exam tests knowledge and understanding of basic concepts, principles, and of master data management.
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You will be tested in these areas:
- Basic concepts and terminology of master data management
- Sources and types of master data managed
- Architectural options for MDM implementation
- Elements and activities of building an MDM business case, including calculation of project costs and benefits, ROI, NPV, and IRR
- MDM challenges and best practices solutions
- Data governance and its role in MDM
- Data quality and its role in MDM
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Additional Information
Number of Questions: 20
Time Limit: 40 Minutes
Passing Score: 70%
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Once you pass the exam, you will receive a Certificate of Education documenting that you have demonstrated mastery of the topic. Further, the exam counts towards Certified Information Management Professional (CIMP) designation in Information Management Foundations and Master Data Management tracks.
We recommend that you take detailed notes and review the course material multiple times before taking this exam. Click here to learn more about CIMP exams.
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Course Review 
Course Review 