Data Governance
Data Governance
IBA101 Activity
Guide Questions:
Answers:
1) Data governance is a set of principles and practices that ensure high quality through
the complete lifecycle of your data. Its essence is to put some structure around how
data is managed and used in an organization by establishing rules and processes
around a variety of data related operations and decisions to help data stakeholders
across any organization identify and meet their information needs.
The third role of data governance is to help manage the overall process of
data development and to communicate changes to the data environment. Lots of
teams use data and everyone of them probably has a laundry list of additions or
modifications they'd like to see implemented. However, there's usually not
enough capacity to accomplish them all and there needs to be some way of
prioritizing the work that needs to get done. Governance can help by providing a
process for vetting, assessing, and prioritizing which data projects are
undertaken, usually by rationalizing those projects against the overall business
priorities of the enterprise. Because data environments are constantly evolving,
there also needs to be some mechanism for letting the users of the data know
when new data is added. Or some change or improvement is made. Having a
well-structured data governance approach can facilitate communication about
data and make sure everyone is informed and aware of the changes.
d) Providing Information about the Data Environment
The last role that data governance plays is in providing information about
the data environment itself. There's a broad class of activities called metadata
management, which helps to keep track of metadata, or data about data. Given
that we've gone through all the trouble of creating standard definitions and
calculations, it's generally useful to formally document them and provide that
documentation to the enterprise. We also might want to provide information about
the lineage of data and metrics, which traces where data elements come from. Or
keep a history of changes that have been made to a data environment. All of
these would fall under metadata management. We also might want to provide
information about the quality of certain data domains or metrics. Governance
mechanisms can help serve as a clearing house for this type of information.
Metadata can speak to the what and where of the data environment, but it can
also indicate how good the information is. Likewise, governance can help keep
track of the who, including tracking who data stewards are and who may be
involved in other data governance functions. Users can consult this information to
determine who to contact with questions or concerns about the data.
3) In Data Governance, there are a few characteristics that are almost always present
in a successful program. So here is the common implementation of Data Governance.
Furthermore, with Data Governance, it can help you, as the data analyst to
rapidly learn about what's available, understand what's good and what's not, and to
keep abreast of new additions or changes to the data environment. With that being said,
this will help you produce the best insights you can and have confidence in your results.