It is a structured, comprehensive, holistic professional services offering to assess the readiness of the data to meet the goals of any system implementation or a business initiative project. It allows the project team to assess:
Time-frame: 2 – 4 weeks
The second step in ARM is Remediate or Resolve. It is also called as the Data Assurance phase. This is the phase where the data is cleansed, data ownership is established, and data processing related processes are defined. This phase is typically aligned with the implementation phase of a system project or an execution phase of a business initiative project.
The final step in ARM is Manage. It is also called as the Data Governance phase. This is the operating phase when the one-time activities are completed and now we are in monitoring and continuous improvement model. In this phase, the ownership, workflows, and rules set up during the Assurance phase are run on a defined frequency. Data Stewards and Functional / Technical owners of data are required to follow the processes. And Business Managers and Data Governance Program leaders monitor and track the progress and effectiveness of the Data Management processes.
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