CDMP-RMD Exam Dumps : Reference And Master Data Management Exam

In the context of the Corporate Information Factory, understanding transactions involves integrating various types of data to get a comprehensive view. Master Data (core business entities), Reference Data (standardized information), and External Data (information sourced from outside the organization) are essential for providing context and enriching transactional data.

References:

DAMA-DMBOK: Data Management Body of Knowledge (2nd Edition), Chapter 3: Data Architecture and Chapter 11: Reference and Master Data Management.

"Building the Data Warehouse" by W.H. Inmon, which introduces the Corporate Information Factory concept.

The data-centric development lifecycle is best suited for Reference & Master Data efforts because it prioritizes data integrity, quality, and governance throughout the entire development process. This approach ensures that reference and master data are consistently managed, maintained, and leveraged across various systems and applications.

References:

DMBOK (Data Management Body of Knowledge), 2nd Edition, Chapter 11: Reference & Master Data Management.

DAMA International Guide to the Data Management Body of Knowledge (DAMA-DMBOK Guide), 2nd Edition.

The ISO definition of Master Data quality focuses on the degree to which the data's characteristics meet the requirements of individual users. This implies that quality is subjective and depends on whether the data is suitable and adequate for its intended purpose, fulfilling the specific needs of its users.

References:

ISO 8000-8:2015 - Data quality — Part 8: Information and data quality: Concepts and measuring.

DAMA-DMBOK: Data Management Body of Knowledge (2nd Edition), Chapter 13: Data Quality Management.