Making the business case for data quality programmes.
Data is key to the daily operations of all organisations and we are increasingly dependent on -- and trusting of -- that data. The information we get from databases and information feeds is used at all levels of business to make decisions.
But what happens when we base those decisions on poor quality data?
Total Information Risk Management (TIRM) applies accepted risk management techniques to data and information. It enables organisations to quantify the risks associated with poor data and to make the business case for IT programmes to address data quality issues.
Researchers and practitioners from the Institute for Manufacturing have developed a formal risk management processes to address information quality risks. A concept called TIRM which has trialled and tested in asset-rich organisations.
To find out more please visit: www.ifm.eng.cam.ac.uk/services...