DAMA DAMA Certifications DMF-1220 Questions & Answers

• Question 421:

  Data asset valuation is the process of understanding and calculating the economic value of data to an organisation. Value comes when the economic benefit of using data outweighs the costs of acquiring and storing it, as

  A. TRUE

  B. FALSE

  Correct Answer: A

• Question 422:

  Drivers for data governance most often focus on reducing risk or improving processes. Please select the elements that relate to the improvement of processes:

  A. Regulatory compliance

  B. Data quality improvements

  C. Metadata management

  D. Efficiency in development projects

  E. Vendor management

  F. All of the above

  Correct Answer: F

• Question 423:

  Data governance and IT governance are the same thing.

  A. TRUE

  B. FALSE

  Correct Answer: B

• Question 424:

  Select three correct attributes a data governance programme must be:

  A. Embedded

  B. Flexible

  C. Measures

  D. Rigid

  E. Independent responsibility

  F. Sustainable

  Correct Answer: ACF

• Question 425:

  Governance ensures data is managed, but is not include the actual act of managing data

  A. TRUE

  B. FALSE

  Correct Answer: A

• Question 426:

  Improving an organization's ethical behaviour requires an informal Organizational Change Management (OCM) process.

  A. TRUE

  B. FALSE

  Correct Answer: B

• Question 427:

  The purpose of data governance is to ensure that data is managed properly, according to policies and best practices. Data governance is focused on how decisions are made about data and how people and processes are expected to behave in relation to data.

  A. TRUE

  B. FALSE

  Correct Answer: A

• Question 428:

  The scope and focus of any data governance program depend on organizational needs, but most programs include:

  A. Strategy

  B. Policy

  C. Data Management Projects

  D. Compliance

  E. Oversight

  F. All of the above

  Correct Answer: F

• Question 429:

  A goal of data governance is to enable an organisation to manage its data as a liability.

  A. TRUE

  B. FALSE

  Correct Answer: B

• Question 430:

  Drivers for data governance most often focus on reducing risk or improving processes. Please select the elements that relate to the reduction in risk:

  A. Specific risk management

  B. General risk management

  C. Data ethics

  D. Data security

  E. Publicity

  F. Privacy

  Correct Answer: BDF