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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Develop a Master Data Management Strategy and Roadmap to Better Monetize Data

Make sure your most important data is accurate and accessible across your business units to ensure optimal decision support and to monetize your data assets.

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

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