Develop a Master Data Management Strategy and Roadmap to Better Monetize Data – Phase 1: Build a Vision for MDM


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This phase of the blueprint, Build a Vision for MDM, will help you create a project vision and structure. This phase will take you through the following activities:

  • Identify how your organization uses master data.
  • Assess if your organization's data culture is ready for a MDM strategy. If not, identify why and create a plan to get ready.
  • Align the goals of the business and IT for MDM.
  • Obtain buy-in from executive powers by identifying specific benefits of MDM to your organization.
  • Identify a project purpose.
  • Define the scope.
  • Create the project team.
  • Build a RACI chart.
  • Identify the risks.

Use this phase as part of the full blueprint, Develop a Master Data Management Strategy and Roadmap to Better Monetize Data.

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Search Code: 79694
Published: March 4, 2014
Last Revised: January 27, 2016

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