What is a data governance framework and its key components in CDX?

• A. A marketing plan for data.
• B. A random collection of rules.
• C. A software development framework.
• D. A structured approach with policies, roles (data steward), processes, standards, metadata management, privacy, and security controls.

Answer: (D)

A data governance framework is a structured approach to managing data as a strategic asset, especially in a CDX environment where data moves across systems and boundaries. It ensures data is defined consistently, trusted, accessible to the right people, used appropriately, and protected. The key pieces include formal policies and standards that specify how data should be defined, stored, and handled; explicit roles such as data steward (and data owner) who are accountable for specific data assets; defined processes that put governance into practice across the data lifecycle; metadata management to maintain data definitions, lineage, and usage in a catalog; privacy considerations to safeguard personal information; and security controls to prevent unauthorized access and data breaches. Together, these elements promote data quality, accountability, and compliance, making data sharing and decision-making in CDX reliable and responsible.