WA1726
MDM Primer Training
This course provides foundational knowledge in MDM theory, practice, and key components. Attendees are provided with a broad survey of Master Data concepts and given an opportunity to explore MDM from multiple angles. Concepts are reinforced through analysis of real world case studies and group discussion.
Course Details
Duration
1 day
Prerequisites
No prior knowledge is presumed.
Target Audience
- General audience including business and technology team leadership
Skills Gained
- Master Data Management Concepts
- Master Data Management 101
- The Master Data Value Proposition
- Real World Case Study Analysis
- Opportunities and Risks
- MDM Infrastructure and Tools
- Key Success Factors
- MDM Adoption
Course Outline
- Introduction to Master Data Management
- Defining Master Data
- Qualities of Master Data
- Master Data Management (MDM)
- Common Causes for Unmanaged Data
- MDM Domains
- Industry Standard Domains
- Using Master Data
- Common Implementation Styles
- Consolidation Implementation Style
- Registry or Federation Implementation Style
- Coexistence Implementation Style
- Transactional Hub Implementation Style
- MDM Value Proposition
- Business Benefits of MDM
- Benefits of Accurate Data
- Cost Saving and Efficiency
- Better Regulation Compliance
- Better Time to Market
- Mergers and Acquisitions
- Real Life Case Studies
- Better Reporting at Nationwide
- Cost Cutting at Shell Oil
- Single Customer View for Canon Europe
- Brinker Gets a New Menu
- MDM Risks
- Risk Categories
- Technical Risk - Data Model Standardization
- Technical Risk - Tools and Infrastructure
- Technical Risk - Data Architecture
- Technical Risk - Ignoring the Role of Business Processes
- Technical Risk - Testing and Validation
- The Carbon Interfaces
- Human Risk - Change Management
- Human Risk - Communication
- Human Risk - Unrealistic Expectations
- Human Risk - Funding
- Key Success Factors
- Business Stakeholder Involvement
- Data Model Design
- MDM Governance is Essential
- Incremental Adoption
- Adoption Road Map
- Incremental Development
- Typical Adoption Process
- MDM Adoption Phase 1
- MDM Adoption Phase 2
- MDM Adoption Phase 3
- MDM Implementation Activities
- Establish Business Goals
- Gap Analysis and Project Scope Definition
- Requirements Analysis and Business Process Design
- Identifying Master Data
- Document Governance Policies
- Define the Metadata
- Perform Master Object Analysis and Modeling
- Implement the MDM Architecture
- Implement Data Services
- Migrate Legacy Application
Upcoming Course Dates
