New CDMP-RMD Exam Notes - Valid DAMA Reference And Master Data Management Exam - New CDMP-RMD Test Questions

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DAMA CDMP-RMD Exam Syllabus Topics:

Topic	Details
Topic 1	Reference Data Management (RDM) Lifecycle: The lifecycle of reference data management is covered in this topic.
Topic 2	Fundamentals of Reference and Master Data: The fundamental ideas of reference and master data are covered in this section, along with their definitions, distinctions, and significance in data management.
Topic 3	Data Governance: The function of data governance in reference and master data management is examined in this section. It addresses policies, accountability, and data ownership.
Topic 4	Master Data Management (MDM) Lifecycle: The phases of the MDM lifecycle such as planning, design, implementation, and continuous operation are covered in this section.
Topic 5	Data Stewardship: The management of reference and master data by data stewards is the focal point of this topic. It addresses concepts such as accuracy, consistency, and quality of data.

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DAMA Reference And Master Data Management Exam Sample Questions (Q59-Q64):

NEW QUESTION # 59
What data architecture component is typically used for ingesting raw source system data?

A. Curation Zone
B. Analytics Zone
C. Landing Zone
D. Integration Zone
E. Presentation Zone

Answer: C

Explanation:
The Landing Zone is typically used for ingesting raw source system data.
* Data Architecture Component:The landing zone is where raw data from various source systems is initially collected and stored.
* Function:It acts as a staging area before the data undergoes further processing, transformation, or analysis.
References:
* DAMA-DMBOK: Data Management Body of Knowledge, 2nd Edition.
* CDMP Study Guide

NEW QUESTION # 60
A(n) _____ is used for detailing collaboration principles, escalation, and dispute resolution process between MDM and its data suppliers.

A. Warranty
B. Operational Level Agreement
C. Operations Run Book
D. Business Requirements Document
E. Metadata catalog

Answer: B

Explanation:
An Operational Level Agreement (OLA) is used for detailing collaboration principles, escalation, and dispute resolution processes between MDM and its data suppliers. Here's why:
* Purpose of an OLA:
* Collaboration Principles: Defines how MDM teams and data suppliers will collaborate, including roles, responsibilities, and communication protocols.
* Escalation Processes: Outlines the steps for escalating issues when standard resolution mechanisms are insufficient, ensuring timely and effective problem resolution.
* Dispute Resolution: Specifies methods for resolving disputes between parties, fostering a cooperative and constructive working relationship.
* Other Documents:
* Business Requirements Document: Defines business needs and requirements but doesn't typically focus on operational collaboration.
* Metadata Catalog: Describes metadata and data dictionaries, not collaboration principles.
* Warranty: Provides guarantees on products or services, irrelevant to operational collaboration.
* Operations Run Book: Details operational procedures and workflows, not specifically focused on collaboration and dispute resolution.
* References:
* Data Management Body of Knowledge (DMBOK), Chapter 8: Data Quality Management
* DAMA International, "The DAMA Guide to the Data Management Body of Knowledge (DMBOK)"

NEW QUESTION # 61
Master Data is similar to a physical product produced and sold by a company except for which of the following characteristics?

A. Has a useful life span
B. Unavailability may impact the business
C. Depletes when pulled from inventory
D. Need for information about its characteristics
E. Must fit the consumers' required use

Answer: C

Explanation:
Master Data, similar to a physical product, must meet certain requirements such as fitting consumers' needs, needing information about its characteristics, impacting business when unavailable, and having a useful lifespan. However, unlike physical products, Master Data does not deplete when pulled from inventory.
Master Data remains available for use even after being accessed multiple times, as it is digital information that can be replicated and shared without loss.
References:
* DAMA-DMBOK: Data Management Body of Knowledge (2nd Edition), Chapter 11: Reference and Master Data Management.
* "Master Data Management and Data Governance" by Alex Berson and Larry Dubov.

NEW QUESTION # 62
For MDMs. what is meant by a classification scheme?

A. A vocabulary view covering a limited range of topics
B. Descriptive language used to control objects
C. Codes that represent a controlled set of values
D. A way of classifying unstructured data

Answer: C

Explanation:
In Master Data Management (MDM), a classification scheme refers to a structured way of organizing data by using codes that represent a controlled set of values. These codes help in categorizing and standardizing data, making it easier to manage, search, and analyze.
References:
* DAMA-DMBOK: Data Management Body of Knowledge (2nd Edition), Chapter 11: Reference and Master Data Management.
* "Master Data Management and Data Governance" by Alex Berson and Larry Dubov.

NEW QUESTION # 63
Sharing of Reference and Master data across an enterprise requires which of the following?

A. Collaboration between multiple parties internal to the organization
B. Identification of the business key and surrogate keys
C. A staging area as an intermediate data store
D. Maintaining and storing history records
E. Creation of foreign keys to support dimensions

Answer: A

Explanation:
Sharing reference and master data across an enterprise requires effective collaboration and communication among various stakeholders within the organization.
* Staging Area:
* A staging area can be used for intermediate data storage during processing but is not a requirement for sharing data.
* Maintaining and Storing History Records:
* Historical records are important for auditing and tracking changes but do not directly facilitate the sharing of current reference and master data.
* Collaboration Between Multiple Parties Internal to the Organization:
* Effective sharing of master and reference data requires collaboration among different departments and stakeholders to ensure data consistency, quality, and governance.
* This includes establishing clear communication channels, defining roles and responsibilities, and ensuring alignment on data standards and practices.
* Identification of Business Key and Surrogate Keys:
* Keys are important for data integration and linking but do not by themselves ensure effective sharing of data.
* Creation of Foreign Keys to Support Dimensions:
* Foreign keys are used in relational databases to link tables but are not specifically required for the sharing of master data.

NEW QUESTION # 64
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NEW CDMP-RMD EXAM NOTES - VALID DAMA REFERENCE AND MASTER DATA MANAGEMENT EXAM - NEW CDMP-RMD TEST QUESTIONS

New CDMP-RMD Exam Notes - Valid DAMA Reference And Master Data Management Exam - New CDMP-RMD Test Questions