A Business Glossary is at the heart of a successful data governance program
Data stewards use a Business Glossary to build and maintain a common business vocabulary that is accessible across the enterprise. This glossary is a clear and standard set of terms and definitions used by business and technical users alike. It’s the “single source of truth” for the terms that decisions makers rely on and provides a direct linkage to specific data fields and calculations.
Standardizes terms, calculations, and business rules
Provides traceability to individual data elements and systems
Demonstrates clear ownership and accountability for business rules
Establishes data quality benchmarks and standards