Certified Data Management Professional CDMP Associate · Free Practice Question Easy
Question 8
What is a common measurement to show the value of a Big Data / Data Science program?
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A
Length of time between initiation and realized benefits
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B
Number of data sources
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C
Complexity of data mode
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D
Percentage of raw data stored
Reveal correct answer
Correct answer: A
Explanation
One common measurement to show the value of a Big Data / Data Science program is the length of time between initiation and realized benefits. This metric helps assess the efficiency and effectiveness of the program in delivering tangible outcomes that justify the cost of development and process changes. Other measurements mentioned, such as counts and accuracy of models, revenue realization, and cost reduction, are also important for evaluating program success.
Source: Chapter 14 Big Data and Data Science - 6.6.3 Learnings and Stories (page 498)
Discussion
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