What term describes accountability and responsibility for data and processes to ensure effective control and use of data assets?

What term describes accountability and responsibility for data and processes to ensure effective control and use of data assets?

• A. Data Governance
• B. Data Warehousing
• C. Data Stewardship
• D. Data Analysis

Answer: (C)

The term that describes accountability and responsibility for data and processes to ensure effective control and use of data assets is data stewardship. Data stewardship involves establishing policies and standards for data management, caretaking, and oversight of data quality, as well as ensuring compliance with relevant regulations. Stewards are often tasked with maintaining the integrity and usability of data, which is crucial for an organization to leverage its data effectively for decision-making. This concept underscores the importance of having designated individuals or teams responsible for managing data assets, which ensures that the data is accurate, accessible, and secure. By instilling stewardship practices, organizations can promote a culture of accountability around data management, thereby enhancing the overall quality of their data resources. In contrast, data governance refers to the overall framework that includes policies, procedures, and standards for data management across the organization and covers a broader range of organizational data management practices. Data warehousing focuses on the storage, retrieval, and usage of data for analysis but does not specifically cover accountability and responsibility. Data analysis is the process of inspecting and interpreting data but does not inherently involve governance or stewardship aspects.

The term that describes accountability and responsibility for data and processes to ensure effective control and use of data assets is data stewardship. Data stewardship involves establishing policies and standards for data management, caretaking, and oversight of data quality, as well as ensuring compliance with relevant regulations. Stewards are often tasked with maintaining the integrity and usability of data, which is crucial for an organization to leverage its data effectively for decision-making.

This concept underscores the importance of having designated individuals or teams responsible for managing data assets, which ensures that the data is accurate, accessible, and secure. By instilling stewardship practices, organizations can promote a culture of accountability around data management, thereby enhancing the overall quality of their data resources.

In contrast, data governance refers to the overall framework that includes policies, procedures, and standards for data management across the organization and covers a broader range of organizational data management practices. Data warehousing focuses on the storage, retrieval, and usage of data for analysis but does not specifically cover accountability and responsibility. Data analysis is the process of inspecting and interpreting data but does not inherently involve governance or stewardship aspects.