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Master Data Management (MDM) Bootcamp

Enterprises are increasingly recognizing the importance of having a consistent, accurate, authoritative view of their core data sets. This has led to a significant increase in the adoption of Master...

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$2,300 USD
Duration 3 days
Course Code WA1868
Available Formats Classroom

Overview

Enterprises are increasingly recognizing the importance of having a consistent, accurate, authoritative view of their core data sets. This has led to a significant increase in the adoption of Master Data Management (MDM). MDM encompasses data architecture, data modeling, governance processes and data quality policies, data stewardship responsibilities, and alignment between data architecture and business architecture.

  • MDM Fundamentals
  • MDM Value Proposition
  • Real World Case Studies
  • Risks Associated with MDM
  • MDM Infrastructure and Tools
  • Metadata Management
  • Identifying Master Data
  • Modeling Master Data
  • Persisting Master Data
  • MDM Patterns and Anti-Patterns
  • Governing MDM

Skills Gained

  • Understand the core elements and value propositions involved with MDM
  • Examine real world utilization of MDM within an enterprise setting
  • Identify and discuss the risks associated with MDM
  • Explore the infrastructure and tools involved in MDM
  • Gain hands-on experience identifying, modeling, and implementing MDM solutions
  • Understand the role and importance of metadata within the context of MDM
  • Explore common MDM patterns, anti-patterns, and discuss their application within a broader solution architecture
  • Examine the critical role that data management, MDM governance, and data stewardship play within a successful MDM adoption effort

Who Can Benefit

  • Data Architects, Data Modelers, and Technology Team Leads

Prerequisites

  • Basic understanding of Data Management and Data Modeling

Course Details

Outline

Chapter 1. Introduction to Master Data Management

  • Defining Master Data
  • Qualities of Master Data
  • Types of organization data
  • Master Data Management (MDM)
  • MDM Enterprise Data Context
  • MDM Journey Maps
  • MDM Pyramid
  • Common Causes for Unmanaged Data
  • MDM Domains
  • Domain Usages
  • Industry Standard Domains
  • Technology Evolution
  • Using Master Data
  • Benefits of MDM
  • Regulatory Compliance & MDM
  • Taxonomy of Risk
  • Direct impacts of MDM
  • Common Implementation Styles
  • Consolidation Implementation Style
  • Registry or Federation Implementation Style
  • Coexistence Implementation Style
  • Transactional Hub Implementation Style
  • Summary

Chapter 2. 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
  • Summary

Chapter 3. Real Life Case Studies

  • Better Reporting at Nationwide
  • Cost Cutting at Shell Oil
  • Single Customer View for Canon Europe
  • Brinker Gets a New Menu
  • Summary

Chapter 4. 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
  • Data Risk – Assessing
  • Data Risk – Cleansing
  • Data Risk – Standardizing
  • Data Risk – Pruning and Archiving
  • Data Risk – Connecting and Matching
  • Human Risk – Funding
  • Summary

Chapter 5. Crafting an MDM Business Case

  • Business Case for MDM
  • Technology-enabled business through MDM
  • Building the Case for MDM
  • Building the Case Checklist
  • Identify the Business Drivers
  • Explore the Potential that MDM Has to Offer
  • Aligning Drivers and Value
  • Crafting the Business Case
  • Organization specific components
  • Summary

Chapter 6. Key Success Factors

  • Business Stakeholder Involvement
  • Data Model Design
  • MDM Governance is Essential
  • MDM Stewardship is Critical
  • Incremental Adoption
  • Best Practice Success Factors
  • Summary

Chapter 7. Introduction to Metadata Management

  • What is Metadata?
  • How is Metadata Defined?
  • Metadata and MDM
  • Basic Concepts
  • Value Domain
  • Metadata and Data Governance
  • SOA metadata repository
  • SOA registry as a governance tool
  • Metadata, MDM and Technology-Enabled Business
  • Summary

Chapter 8. Data Modeling in MDM

  • Introduction to Data Modeling
  • Master Data Model Requirements
  • Conceptual Data Model
  • Logical Data Model
  • Physical or Persistent Data Model
  • Persistent Data Model in MDM
  • What Goes in MDM?
  • Relationship Modeling in MDM
  • Relationship Resolution
  • Additional Modeling Activities
  • Master Data Model Development
  • Best Practices
  • Summary

Chapter 9. Governance and Maturity Model

  • Introduction to Governance
  • Governance and stewardship for MDM
  • Governance in IT
  • Data Governance
  • MDM Governance Life Cycle
  • Versioning
  • Roles and Responsibilities
  • MDM Business Processes
  • Metrics
  • MDM Metric Dashboard
  • MDM Maturity Model
  • Initial Level
  • Reactive Level
  • Managed Level
  • Proactive Level
  • Strategic Performance Level
  • Summary

Chapter 10. Adoption Road Map

  • Gartner 7 Building Blocks for MDM
  • MDM Vision
  • 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
  • Define the Business Supporting Data Sets
  • Perform Master Object Analysis and Modeling
  • Implement the MDM Architecture
  • Technology investment
  • Implement Data Services
  • What role does MDM play in SOA?
  • MDM and SOA shared principles
  • MDM and SOA Governance
  • MDM Solutions
  • MDM product adoption
  • Gartner MDM Magic Quadrant
  • Migrate Business Critical (AKA Legacy) Application
  • Summary

Lab Exercises

  • Lab 1. Identifying MDM Value
  • Lab 2. Designing a Preliminary Business Case for MDM
  • Lab 3. Designing an MDM Adoption Roadmap

Schedule

FAQ

Does the course schedule include a Lunchbreak?

Classes typically include a 1-hour lunch break around midday. However, the exact break times and duration can vary depending on the specific class. Your instructor will provide detailed information at the start of the course.

What languages are used to deliver training?

Most courses are conducted in English, unless otherwise specified. Some courses will have the word "FRENCH" marked in red beside the scheduled date(s) indicating the language of instruction.

What does GTR stand for?

GTR stands for Guaranteed to Run; if you see a course with this status, it means this event is confirmed to run. View our GTR page to see our full list of Guaranteed to Run courses.

Does Ascendient Learning deliver group training?

Yes, we provide training for groups, individuals and private on sites. View our group training page for more information.

What does vendor-authorized training mean?

As a vendor-authorized training partner, we offer a curriculum that our partners have vetted. We use the same course materials and facilitate the same labs as our vendor-delivered training. These courses are considered the gold standard and, as such, are priced accordingly.

Is the training too basic, or will you go deep into technology?

It depends on your requirements, your role in your company, and your depth of knowledge. The good news about many of our learning paths, you can start from the fundamentals to highly specialized training.

How up-to-date are your courses and support materials?

We continuously work with our vendors to evaluate and refresh course material to reflect the latest training courses and best practices.

Are your instructors seasoned trainers who have deep knowledge of the training topic?

Ascendient Learning instructors have an average of 27 years of practical IT experience and have also served as consultants for an average of 15 years. To stay current, instructors spend at least 25 percent of their time learning new, emerging technologies and courses.

Do you provide hands-on training and exercises in an actual lab environment?

Lab access is dependent on the vendor and the type of training you sign up for. However, many of our top vendors will provide lab access to students to test and practice. The course description will specify lab access.

Will you customize the training for our company’s specific needs and goals?

We will work with you to identify training needs and areas of growth.  We offer a variety of training methods, such as private group training, on-site of your choice, and virtually. We provide courses and certifications that are aligned with your business goals.

How do I get started with certification?

Getting started on a certification pathway depends on your goals and the vendor you choose to get certified in. Many vendors offer entry-level IT certification to advanced IT certification that can boost your career. To get access to certification vouchers and discounts, please contact info@ascendientlearning.com.

Will I get access to content after I complete a course?

You will get access to the PDF of course books and guides, but access to the recording and slides will depend on the vendor and type of training you receive.

How do I request a W9 for Ascendient Learning?

View our filing status and how to request a W9.

Reviews

this class was informative, made me think about certifying for the suse manager cert.

Great class I learned a great deal from the material. There would seem to a large amount that I need to learn about.

Very good couse and again we would like to see more videos on removing FRUs

Simply great training provider that I can go for updating/acquiring my skill sets.

The format of the class was concise. I learned new skills to use at my workplace.