BI Module 3

What activities are involved in the execution phase of the EPLC framework?

• Project completion, project evaluation, and project documentation

• Project monitoring and control, change management, and quality control

• Project charter development, stakeholder identification and analysis, and feasibility analysis

• Activities to produce project deliverables

What is the purpose of building a transformation roadmap in an organization?

• To document past organizational changes

• To create a detailed budget for all departments

• To outline objectives, goals, and milestones for organizational transformation

• To communicate the transformation plan to external stakeholders

How can organizations ensure data quality when implementing a BI system?

• By establishing data quality standards, governance policies, and validation processes

• By implementing the system without involving data owners

• By disregarding data governance policies and standards

• By focusing primarily on user training and system usability

What is the significance of change management in BI implementation?

• Ensuring effective user adoption and system utilization

• Promoting a data-driven culture

• Continuous system improvement

• Identifying key stakeholders

What tools and techniques are used during the data analysis phase of the BI Lifecycle?

• Data extraction and cleaning tools

• Reporting and dissemination tools

• Data warehousing and ETL tools

• Data visualization, predictive analytics, and machine learning

During which phase of the BI Lifecycle is data cleaned and transformed?

• Data collection

• Data analysis

• Reporting and dissemination

• Data preparation

What is the primary goal of the planning phase in the BI Lifecycle?

• To collect and extract data from various sources

• To clean and transform data for accuracy and consistency

• To present insights in a format that is easy to understand

• To identify business requirements, goals, and objectives for the BI system

How are insights presented to decision-makers in the reporting and dissemination phase of the BI Lifecycle?

• Raw data tables

• Complex statistical models

• Reports, dashboards, and visualizations

• Spreadsheets

What are the five phases of the Enterprise Performance Life Cycle (EPLC) framework?

• Initiation, planning, execution, control, and monitoring

• Initiation, planning, execution, and closeout

• Initiation, planning, execution, control, and closeout

• Initiation, design, execution, control, and closeout

What is the purpose of data integration in a BI strategy?

• To improve data visualization techniques

• To ensure data governance compliance

• To manage data storage and retrieval

• To create a unified view of data from multiple sources