Data Governance Worksheet

Why should data be treated as a capital asset?

• Because it can only be used once

• Because it drives value, creates opportunities, and provides competitive advantage

• Because it increases risk without offering benefits

• Because it is more important than financial assets

What is the primary purpose of data governance?

• To collect as much data as possible

• To create and enforce policies ensuring data is treated with care, safety, and legal compliance

• To store data indefinitely without oversight

• To ensure the enterprise spends less money on data systems

Why does data governance require a cultural shift within an organization?

• Because only IT staff are responsible for managing data

• Because employees need to understand the importance, value, and risks associated with data

• Because it replaces enterprise-wide financial systems

• Because it eliminates the need for data management

Which of the following is NOT one of the characteristics that distinguishes data from other assets?

• Data can be reused indefinitely

• Data can be sold multiple times

• Data automatically increases in value without being used

• Maintaining data has a cost

What happens to data before it is used to generate value?

• It holds its value automatically

• It is considered a cost

• It becomes obsolete

• It cannot be stored

In the Governance V structure, what is the role of data governance?

• Executing data processing activities

• Acting as a control body that oversees the effectiveness of data management

• Performing data entry and cleanup

• Building technology systems for metadata management

Why must data governance and data management be handled by separate organizations within a business?

• To save costs

• To maintain impartiality and avoid conflicts of interest

• To reduce the need for oversight

• To ensure IT has full authority over both functions

Which of the following best describes the relationship between data governance and enterprise data management (EDM)?

• They are the same function

• Governance is optional while EDM is mandatory

• Governance oversees and ensures the effectiveness of EDM activities

• EDM oversees governance functions

Why is data governance considered an ongoing program instead of a one-time project?

• Because data loses value quickly

• Because it must be integrated into company culture and continuously enforced

• Because it is too expensive to complete

• Because it requires little long-term attention

Which example illustrates embedding good data-management habits into an organization’s culture?

• Allowing employees to save files anywhere without naming conventions

• Storing data in unmanaged personal drives

• Encouraging employees to avoid documenting data

• Prompting an administrative assistant to add metadata and register files automatically