Competing with High Quality Data: Concepts, Tools, and by Rajesh Jugulum

By Rajesh Jugulum

Create a aggressive virtue with facts quality

Data is quickly turning into the powerhouse of undefined, yet low-quality facts can truly placed a firm at a drawback. for use successfully, facts needs to competently replicate the real-world situation it represents, and it needs to be in a kind that's usable and obtainable. caliber information consists of asking the best questions, concentrating on the proper parameters, and having an efficient inner administration, association, and entry approach. It has to be suitable, whole, and proper, whereas falling according to pervasive regulatory oversight programs.

Competing with top of the range facts: recommendations, instruments and methods for development a winning method of info caliber takes a holistic method of enhancing information caliber, from assortment to utilization. writer Rajesh Jugulum is globally-recognized as a huge voice within the facts caliber area, with high-level backgrounds in foreign company finance. within the e-book, Jugulum offers a roadmap to facts caliber innovation, overlaying subject matters such as:

The four-phase method of info caliber control
Methodology that produces information units for various facets of a business
Streamlined facts caliber evaluate and factor resolution
A based, systematic, disciplined method of potent info gathering

The e-book additionally comprises real-world case reports to demonstrate how businesses throughout a vast variety of sectors have hired information caliber platforms, whether they succeeded, and what classes have been realized. top of the range info raises worth during the details provide chain, and the advantages expand to the buyer, worker, and shareholder. Competing with prime quality facts: strategies, instruments and strategies for construction a winning method of information caliber offers the data and tips essential to formulate and turn on a good facts caliber plan this present day.

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Extra info for Competing with High Quality Data: Concepts, Tools, and Techniques for Building a Successful Approach to Data Quality

Sample text

The chapters of this book are divided into two sections Section I describes how to build a data quality program and Section II describes how to execute the data quality program. Section I: Building a Data Quality Program. The first section includes two chapters that describe the DQ operating model and DQ Guide to this Book 7 methodology. Chapter 2 emphasizes the importance of the data quality program structure, objectives, and management routines, and the portfolio of projects that need to be focused on to build and institutionalize processes that drive business value.

In the fields of probability and statistics, sigma (σ) represents the standard deviation, a measure of variability. Generally, the term Six Sigma process or sigma level of a process or sigma value of a process means that if we have six standard deviations between the mean of a process and the specification limits, virtually no item will exceed the specification limits or business-defined thresholds. 4 defects per million opportunities. The defect calculations are based on normal distribution, as all the quality characteristics are assumed to follow this distribution.

2. The DMAIC Six Sigma approach is useful when we are improving a particular process and aim to reduce the defect rate. If a particular process requires major redesign or if we need to design a product or process from the beginning, it is recommended that we use the Design for Six Sigma (DFSS) methodology. This DFSS methodology is also called the DMADV (Define, Measure, Analyze, Design, and Verify) approach. 3. Six Sigma Methodologies Six sigma (DMAIC) methodology Define phase: Identify potential projects, select and define a project; select a team.

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