regression Flashcards
(22 cards)
What is the purpose of the Business Information Maturity Model?
To enhance the significance of BI within the company.
What characterizes the low end of the business intelligence maturity model?
Data is scattered across different, disconnected spreadsheets and documents.
What is a key feature of the high end of the BI maturity model?
A CDO (chief data officer) or someone in charge of data governance.
What is the first level of BI maturity?
Level 1: Unaware.
What challenges do organizations face at Level 1: Unaware?
Inaccurate and inconsistent data interpretation, no formal processes.
Which maturity level involves individual BI projects carried out by business units?
Maturity level 2: Opportunistic.
What is a characteristic of Maturity level 3: Standards?
Coordination between people, processes, and technologies across the company.
What does a BI competency center (BICC) do?
Shares expertise and improves consistency for specific applications or uses of information.
What is a key feature of Maturity level 4: Enterprise?
BI is sponsored by senior management, supporting cross-functional decision-making.
What is the focus of Maturity level 5: Transformative?
Business value and governance of BI and analytics at the highest level.
How many levels are in Gartner’s BI Maturity Model?
5.
What characterizes Level 1: Unaware in Gartner’s model?
No formal BI strategy, ad-hoc and manual reporting.
What is the focus of TDWI’s BI Maturity Model?
Technical and infrastructure maturity, data governance, and process standardization.
What is the highest level in Dresner’s Wisdom of Crowds BI Maturity Model?
Level 5: Leading.
What does the Information Evolution Model (IEM) by SAS focus on?
Data integration, process optimization, and adaptive analytics.
What is the focus of Business Information Maturity Model (BIMM) by Kalido?
Data management practices, proactive planning, and strategic alignment.
Fill in the blank: At the first step of climbing the BI maturity model ladder, you should set up a _______.
short-range strategy.
What is a virtual BI team organized around?
Set goals, rather than set roles.
What is the first step in setting up a scalable data governance framework?
Determine what data you have.
What is the title of the BI project mentioned?
Assessing BI Maturity and Developing a BI Dashboard for a Small Medium Enterprise (SME) in Nairobi.
What is the goal of the BI project for the SME in Nairobi?
To assess BI maturity and develop a BI report and dashboard.
What practical insights does the BI project aim to provide?
Insights into BI tools and techniques for decision-making improvement.
