Data Management Maturity Initiative
The Data Management Maturity (DMM) Model defines the components, business processes and capability areas required for effective data management. It provides standard assessment criteria that organizations can use to evaluate data management goals against documented best practice. It defines the ‘what and why’ of data management at both an objective level and from the perspective of practical implementation.
The DMM was created via collaboration of data management practitioners, operations managers, IT professionals and representatives of lines-of-business across the financial industry. It establishes the assessment criteria and requirements for achieving alignment on strategy, implementing governance mechanisms, managing operational components, defining dependencies, aligning data with IT capabilities, ensuring data quality and integrating data into business processes.
The DMM is the result of a partnership between the EDM Council and the Software Engineering Institute (SEI) of Carnegie Mellon University. It combines the lessons of the financial industry about the practice of data management with the proven principles of the Capability Maturity Model Integration (CMI) with its 20+ year track record as a standard for process improvement. The combination of the process expertise contained within the CMMI and the data management best practices independently defined and verified by industry practitioners creates a first-of-its-kind methodology for organizations to use to assess themselves and upgrade their management of data as a strategic resource.
Current Status
The Council has released a working copy of the Data Management Maturity (DMM) core model. This version of the DMM is for members only and is suitable as a mechanism for internal self-assessment. We are working with early adopters to refine and enhance the DMM from the perspective of how well it aligns with operational reality. Our findings are being incorporated into a hybrid version of the CMMI appraisal methodology developed by Carnegie Mellon University. The result of this effort will be a full assessment model for evaluating data management capabilities. Expected release date of the formal certification model is mid-2013
Metrics for Metadata Working Group Resources (including dial in)
Role of the EDM Council
The Council has been documenting best practice in data management as a core objective since it was formed in 2005. The Council serves as facilitator among its diverse membership and provides the engagement model to both capture the requirements associated with data management and organize them for practical implementation. The Council’s goal is to ensure that the DMM accurately describes the components of data management and aligns the dependencies among process areas in line with operational reality.
Booz Allen Hamilton
Booz Allen is a member of the EDM Council, an active participant in the core development team and the first corporate sponsor of the DMM. Booz Allen has demonstrated leadership in translating the objectives of data management into implementation reality and has been an invaluable ally in the creation of the DMM initiative.
DMM Meeting Schedule
Standard Metrics for Metadata Working Meeting
Focusing on both definitions for the management of metadata and definitions for the positioning of metadata.
These run every second Tuesday 11:30am - 12:30pm eastern
Working documents, next meeting date and dial in numbers
These meetings are open to EDM Council members and invited guests.
If you would like more information about these meetings please contact Jim Halcomb