Which of the following most accurately describes data lifecycle management (dlm)?

Introduction

Data Lifecycle Management is a process that helps organizations manage their data throughout its lifecycle from collection to disposal. 

Typically, this includes steps such as data acquisition, data management, data analysis, and data presentation. 

DLM can help improve the accuracy and timeliness of decision-making by providing timely information on how the organization is performing. 

It also can help an organization better use its resources by acting as a "data integrator" who provides information on multiple databases and systems.

Which of the following most accurately describes data lifecycle management (dlm)?

Data lifecycle management (dlm) is a process that helps manage and track data throughout its life cycle. 

It includes activities such as

- data capture,

- data definition,

- data storage,

- data access,

- data management. 

Data lifecycle management (dlm) is a process that helps manage and track the life cycle of your business's information assets including creation, acquisition by other departments, and maintenance of existing information assets over time in support of the change process required to keep up with growth or transition from one asset type to another.

Identify who needs to know what, and when. This includes the type of data and how often it is updated. Identify processes in which you want to capture information. 

We use a paper-based system which we then digitize and integrate into the GIS platform. For our workflow system, we have developed several workflows. 

All workflows are supported by basic logic statements as well as parameterized statements, depending on the initiator's purpose for running the code within a specific workflow step. 

DLM is the oldest and most mature form, involving the coordination of databases that are independent and not integrated. 

It can encompass all aspects of operating a database, including physical design considerations, how to manage data storage, and how to manage security, recovery, backup and archiving tasks for each data element involved in an enterprise-wide database management system. 

DLM also includes all legal issues associated with data privacy, security access rights and transfer of personal information.

The third type is the integration of data from multiple sources into one integrated database structure. This is achieved using a meta-database program. 

A meta-database program is one that not only handles the integration of data from multiple sources into a single integrated database structure but also serves as the interface for the end user so that he can interact with the various databases in order to retrieve information from them.

The fourth type of data management is invoked when an enterprise wants to automatically update all related data elements in different databases based on certain criteria specified by the enterprise. 

This type of system would include mechanisms for periodically determining which data elements have changed, and therefore what needs to be updated. 

Life Cycle Management (LCM)

In data lifecycle management (dlm), data is considered to have a life cycle. This means that the data undergoes different stages in its life cycle, from creation to use to disposal. 

A data life cycle can be divided into four stages: planning, acquisition, transformation, and deployment. 

In the planning stage, stakeholders decide what data needs to be collected and processed. In the acquisition stage, the data is gathered from various sources. 

The transformation stage cleans, organizes, and prepares the data for use. The deployment stage ensures that the data is used by the correct users and in the correct manner. 

Data lifecycle management is essential for ensuring that accurate and reliable information is maintained throughout the life cycle of data. 

By properly managing each stage of the life cycle, data lifecycle management helps ensure that valuable data is used in a transparent and efficient manner. 

Besides the basic characteristics of data, dlm can be defined as the critical activities that support data management. 

There are five tasks necessary for effective data management:

- organizing and cataloguing data,

- preparing reports and displays,

- finding and cleaning up errors, merging duplicate records,

- maintaining system integrity. 

Each task has a specific role in data management that must be performed. In some cases, all five tasks may be required to achieve full value from the use of data. 

In other cases, only one or two tasks will suffice. The most important tasks are those that support data management and should not be overlooked. 

Data Lifecycle Management

Data lifecycle management refers to the management and automation of data across its life cycle, from acquisition to disposal. 

In a nutshell, Data lifecycle management helps organizations efficiently manage data through the following steps: 

Data Acquisition: acquiring new data from various sources 

Data Mapping: identifying the data elements and their attributes 

Data Storage: storing the data in a repository 

Data Use: using the data for business purposes Data Disposal: disposing of data that has reached its end of life It can be used to improve the efficiency and effectiveness of data management.

What is Data Lifecycle Management?

Data lifecycle management (dlm) is a process that helps organizations manage their data across its life cycle, from collection to disposition. 

It encompasses data governance, data quality assurance, data warehousing and data integration, and helps ensure that data is accessed by the right people, in the right way, at the right time.

The Benefits to Data Lifecycle Management

DLM is a process that helps organizations manage data through its life cycle, from creation to disposal. 

Some of the benefits of DLM include:

- increased efficiency and accuracy due to better organization of data, 

- improved security and compliance, 

- reduced costs. 

DLM can also help reduce the time to market new products and services. 

DLM also helps companies lower their overall IT and storage costs, reducing the time to respond to data loss events due to accidental or malicious events. 

How to Implement a Data Lifecycle Management Strategy?

A data lifecycle management strategy is a comprehensive plan for managing your data that oversees the entire lifecycle of your data, from acquisition to disposal. 

A data lifecycle management strategy can help you reduce the risk of losing valuable data, protect against data theft, and keep your data organized and accessible.

There are several different aspects to a data lifecycle management strategy, including data acquisition, control, governance, and disposal.

Data acquisition refers to the process of acquiring new or updated information about your data. Control refers to the process of ensuring that your data is secure and compliant with applicable regulations. 

Governance involves establishing policies and procedures for governing how your data is used and shared. Disposal involves removing obsolete or no longer-needed data from your systems.

One common approach to implementing a data lifecycle management strategy is to use a product such as Data Lifecycle Management (DLM) Suite from Progress Software Corporation. 

DLM Suite helps you manage all aspects of your data life cycle, from acquisition through disposal. DLM Suite includes features such as data quality assessment and analysis, governance enforcement, and compliance monitoring. 

DLM Suite also provides automated reporting capabilities that make it easy to track progress and identify areas where

Common Mistakes in Data Lifecycle Management

One of the most important aspects of data management is to ensure that your data is correctly stored, accessed, and managed. 

However, many organizations make common mistakes during the data lifecycle management process, which can lead to problems down the line.

Here are ten common data lifecycle management mistakes you should avoid:

1. Not properly defining the data model: 

Without a clear understanding of what data will be stored, it's difficult to design an effective data lifecycle management system. 

Defining the data model early on will help ensure that all relevant information is captured and organized correctly.

2. Not properly planning the data acquisition process: 

Acquiring new data can be a time-consuming task, which means that you must plan ahead and make sure that you have the resources necessary to complete the task efficiently. 

Ensuring accurate data acquisition can save you time and money in the long run.

3. Not properly managing data quality issues: 

Poorly written or inaccurate data can cause a number of problems down the line, including confusion among users and decreased efficiency when accessing or using the data. 

Regularly performing quality assurance checks on your data is key to keeping it accurate and usable.

4. Not monitoring and maintaining the data lifecycle management system enough: 

If you're not doing your part to make sure that the system is working correctly, then you risk losing functionality or even worse – your system may get disabled. 

Without proper maintenance, data lifecycle management can simply become a real burden on your organization. You must make sure that this doesn't happen on your watch!

5. Not setting up a backup and recovery plan for data lifecycle management data often enough: 

If you aren't prepared to recover from data loss or if you don't have the infrastructure in place to do so, then it's time for a change! 

In order to minimize the risk of losing more of your precious data, it's vital that you implement an effective backup plan right away and keep it updated as necessary. 

6. Using data lifecycle management for continuous archival or backup of data that has a much shorter turnaround time: 

Data you're archiving today may not be needed yet in the future, and having to recover it can slow you down considerably in your attempts to stay ahead of day-to-day activities! 

If the data is only required for short periods of time, use other methods instead.

7. Not considering the upside of data lifecycle management performance when evaluating alternatives: 

Some technologies have an enormous impact on overall system performance – but others are more suitable depending on the needs of your organization. 

Make sure to always evaluate data lifecycle management alongside traditional approaches before making any final decisions.

8. Not taking advantage of all available data lifecycle management options when choosing a solution: 

Many technologies offer different types of data lifecycle management – such as cache, compression, compression with lookup tables, random access, and more. 

In many cases there are options that suit your environment better than others – so make sure you investigate all the options available so you make the right choice for your organization.

9. Not taking advantage of redundant: 

Duplicate copies to improve your data lifecycle management performance. 

You can always take advantage of redundancy by using multiple copies of the same data to improve the reliability and integrity of your data.

10. Overlooking highly available disaster recovery solutions because they are not simple and straightforward to use: 

In some environments, this is just not possible – but in other scenarios simpler approaches could provide a better experience for both users and administrators alike.

Case Studies

Data lifecycle management is a process that helps manage the lifecycle of data including acquisition, governance, storage, archiving and disposal.

Conclusion -

Data lifecycle management (dlm) is the process of managing data throughout its life cycle, from capture to destruction. 

By understanding the different stages of a data’s lifecycle, you can better manage your data and ensure that it is used in the most effective way possible. 

Data lifecycle management refers to a data-driven process that organizations use to manage data throughout its lifecycle. This includes planning, acquiring, transforming, storing, protecting, and releasing data.

By using dlm techniques, you can prevent incorrect or outdated information from being used, ensuring that your data is reliable and accurate.

Now you know which of the following most accurately describes data lifecycle management (dlm)?  That's all for now! See you later with a different topic.

Shweta Gupta

Shweta is a student pursuing a dual specialization course in BBA Global E-Business and Finance. She is a published author, and she likes to discover new things.

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