Data Quality Scorecard (Monitoring)
Dimension
Score decompositions can be built along many dimensions :
data elements
data quality rules
subject populations
record subsets.
Articles Related
Score Decompositions (report, answers)
Decomposition may indicate that :
in 80% of cases it is caused by the problem with the employee compensation data; in 15% of cases the reason is missing or incorrect employment history; and in 5% of cases the culprit is invalid date of birth.
over 70% of errors are for employees from a specific subsidiary. This may suggest a need to improve data collection procedures in that subsidiary.
6.3% of all calculations are incorrect because of data quality problems, such a score is extremely valuable
Summary
Data quality scorecard is a valuable analytical tool that allows to :
measure the cost of bad data for the business
estimate ROI of data quality improvement initiatives
allow us to make better decisions and take actions
Reference