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Master Data Management (MDM) Foundation

You have heard it said: “It’s all about the data,” and indeed, data represents one of the most valuable assets that your enterprise possesses is your data. For many organizations, data serves...

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$1,580 USD
Duration 2 days
Course Code WA1727
Available Formats Classroom

Overview

You have heard it said: “It’s all about the data,” and indeed, data represents one of the most valuable assets that your enterprise possesses is your data. For many organizations, data serves as the cornerstone of their intellectual property. The trouble is that for many enterprises, their data is spread across multiple disparate data stores, complete with inconsistent data structures, non-standard naming

  • 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
  • The Master Data Model
  • The Importance of Metadata
  • Designing Your Data Model
  • Warehousing Master Data
  • MDM Patterns
  • MDM Anti-patterns

Who Can Benefit

Information Technology Architects, Developers, Business Analysts, and Managers

Prerequisites

A basic understanding of data models and information management is expected. Previous experience with database design concepts is helpful, but not required.

Course Details

Outline

Chapter 1 - 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
  • 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
  • Summary

Chapter 5 - Crafting an MDM Business Case

  • Building the Case for MDM
  • Identify the Business Drivers
  • Explore the Potential that MDM Has to Offer
  • Aligning Drivers and Value
  • Crafting the Business Case
  • Other Information
  • Summary

Chapter 6 - Key Success Factors

  • Business Stakeholder Involvement
  • Data Model Design
  • MDM Governance is Essential
  • Incremental Adoption
  • 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
  • Summary

Chapter 8 - Data Modeling in MDM

  • Introduction to Data Modeling
  • Conceptual Data Model
  • Logical Data Model
  • Physical or Persistent Data Model
  • Persistent Data Model in MDM
  • What Goes in MDM?
  • Relationship Modeling in MDM
  • Additional Modeling Activities
  • A few Best Practices
  • Summary

Chapter 9 - Governance and Maturity Model

  • Introduction to Governance
  • Governance in IT
  • Data Governance
  • MDM Business Processes
  • Metrics
  • MDM Maturity Model
  • Initial Level
  • Reactive Level
  • Managed Level
  • Proactive Level
  • Strategic Performance Level
  • Summary

Chapter 10 - 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
  • Summary

Appendix A – MDM Glossary Appendix B – MDM 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

Quick to sign-up to course, and was able to garner some information from the course.

Overall ExitCertified is a great training provider and the remote learning is as effective as in person.

ExitCertified provided us with a great opportunity to learn more about React and in easy to follow way.

Some Labs are very good but some steps it ask to update but its already updated, but overall its very good training.

It was very informative and covered all the required materials along with handson labs for practice.