How much does bad data cost your company?

How much does bad data cost your company?

A recent project at Motorola that addressed the cost of bad data accomplished several important goals. Among these, the project identified the cost of bad data for a certain data element and then calculated the percentage of cost of the element in terms of total cost. This contributed to the knowled...

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Veröffentlicht in:The Journal of Corporate Accounting & Finance 2003-09, Vol.14 (6), p.95-99
Hauptverfasser: Jankovsky, Lynn, Grimme, Julie
Format: Artikel
Sprache:eng
Schlagworte:
Case studies
Cost estimates
Costs
Data collection
Electronics industry
Periodicals
Project management
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Zusammenfassung:A recent project at Motorola that addressed the cost of bad data accomplished several important goals. Among these, the project identified the cost of bad data for a certain data element and then calculated the percentage of cost of the element in terms of total cost. This contributed to the knowledge of reducing cost by understanding the cost drivers; it also helped managers in prioritization, resource management, and implementation of enterprisewide systems. © 2003 Wiley Periodicals, Inc.
ISSN:1044-8136
1097-0053
DOI:10.1002/jcaf.10208