Information Management Strategy Flashcards
7 cards from real CIP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Information Management Strategy flashcards as text
Which element should be included in a business case for an information management initiative?
Answer: Expected costs, benefits, risks, and alignment with business objectives
A strong business case for IM must quantify costs and benefits, identify risks, and demonstrate how the initiative advances organizational goals.
In strategic information management, 'information silos' are problematic primarily because they:
Answer: Prevent effective sharing and reuse of information across the organization
Information silos limit visibility and cross-functional use of data, leading to inconsistent decisions, duplicated effort, and missed insights.
What role does a data steward play within an information management strategy?
Answer: Takes day-to-day responsibility for data quality and adherence to governance policies within a domain
Data stewards are accountable for the quality, integrity, and appropriate use of data within their assigned business domain.
Which best describes the relationship between information strategy and IT strategy?
Answer: Information strategy defines what information is needed; IT strategy defines how technology enables it
Information strategy articulates business information needs and value; IT strategy then addresses the technological capabilities required to fulfill those needs.
An organization implements a 'single source of truth' for customer data. This BEST supports which strategic objective?
Answer: Ensuring consistent, authoritative data across all systems and business units
A single source of truth eliminates conflicting versions of data, ensuring all systems and users rely on the same authoritative information.
Which of the following is a key output of the strategic planning phase in information management?
Answer: An IM vision statement, strategic objectives, and a prioritized roadmap
Strategic planning produces directional artifacts including a vision, measurable objectives, and a phased roadmap for achieving the desired future state.
When an IM strategy uses a 'portfolio management' approach, what does it manage?
Answer: A collection of information assets and initiatives prioritized by business value and risk
Portfolio management in IM involves treating information assets and programs as investments, balancing value delivery, resource constraints, and organizational risk.