Certified Data Management Professional CDMP Associate · Free Practice Question Medium
Question 22
What is the primary challenge organizations face in actively managing data as an asset?
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A
Lack of recognition about the importance of data.
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B
Inability to transact business without data.
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C
Insufficient investment in data management professionals.
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D
Difficulty in deriving ongoing value from data.
Reveal correct answer
Correct answer: D
Explanation
Many organizations recognize data as a vital enterprise asset but struggle to actively manage it for ongoing value. Deriving value from data requires intention, planning, coordination, and commitment, along with management and leadership. The primary challenge is not the lack of recognition (option A) or the inability to transact business without data (option B). While investment in data management professionals is essential, the central issue is the difficulty in extracting ongoing value from data (option D).
Source: Chapter 1 Data Management - Introduction (page 17)
Discussion
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