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BIT221 / BIT 121: Data and Information Management
BIT221 / BIT 121: Data and Information Management
BY MRS. R. MUMBA
General Information
BSc Computer Science, MSc Pro. Mgt, PGDip. Exam and Supervision of
Research Projects
Phone : +260-966-474029
Email : rebecca.mumba@unilus.ac.zm
GRADING POLICY
• The final course grade will be computed as follows:
•
One Assignment/ Test: 10%
Mid Semester Examination: 20%
End of Semester Examination: 70%
Total: 100%
Data and Information Concepts
• What is data?
• Data are raw, unorganized facts and figures that need to be processed. Data
can be something simple and seemingly random and useless until it is
organized
• What is information?
• Information is data that is processed, organized, structured or presented in
a given context so as to make it useful.
Data and Information concepts
• Both types of data are vital in the modern digital enterprise, but they must
be managed differently.
• Data analysts and business stakeholders rely on data to produce actionable
insights, so learning the ins and outs of each type of data is paramount to
understanding the best practices with which data collection, archiving, and
data discovery can be done.
Transaction data vs master data
• Transactional data: data relating to the day-to-day transactions. Transactional
data describes business events such as buying products from suppliers, selling
products to customers, shipping items to customer sites, hiring employees,
managing their vacations or changing their positions.
• Master data: data that remains unchanged over a period of time, such as
personal attributes that can be stored in various standard infotypes as records.
Master Data is key business information that supports the transactions.
Master Data describes the customers, products, parts, employees, materials,
suppliers, sites, etc involved in the transactions. It is commonly referred to
as Places (locations, geography, sites, etc.), Parties (persons, customers,
suppliers, employees, etc.) and Things (products, items, material, vehicles, etc.).
Role of Data and Information in
organisations
Measuring :
• Information is used as the main way of measuring performance.
Decision Making:
Information used for decision-making is categorised under
• Strategic Information
• Tactical Information
• Operational information
INFORMATION
Efficiency Improvements
• If data is properly managed, updated, and enhanced, its
accessibility and organizational efficiency will increase
exponentially. However, If the data is inaccurate, mismanaged or
error-prone, it can waste tremendous time and resources.
BENEFITS OF INFORMATION MANAGEMENT
IN ORGANISATIONS