Question

What do you understand by Data Management? Why is data management important and how does it affect the overall quality of data generated? Which guidelines are followed by Data Management proffesionals?

Answer 1

Data Management refers to the process of collecting, organizing, storing, and protecting data in a systematic and efficient manner. It is important because it ensures data accuracy, accessibility, and security. Data management professionals follow guidelines such as data governance, security, privacy, and compliance.

Step-by-step explanation:

Data Management refers to the process of collecting, organizing, storing, and protecting data in a systematic and efficient manner. It involves tasks such as data entry, data validation, data storage, data retrieval, and data backup.

Data management is important because it ensures that data is accurate, consistent, and accessible. It helps prevent data loss, data corruption, and unauthorized access to data. Additionally, well-managed data leads to improved decision-making, efficient business processes, and better overall productivity.

Data management professionals follow guidelines to ensure the quality and integrity of data. These guidelines include data governance, data security, data privacy, and data compliance. They adhere to industry standards and best practices, such as the General Data Protection Regulation (GDPR) and ISO 27001.