It's finally done! You've gained consensus from everyone in the C-suite, and you've secured commitment and - more importantly - funding from the IT steering committee to implement a master data management (MDM) initiative at your company. Arduous as that task was, it is only going to become more difficult because now you need to worry about spending your hard-won dollars effectively and getting the desired ROI.
Do you go it alone, knowing that your IT resources, talented though they are, have little experience with MDM projects? Probably not. If you are like many CIOs, you will bring in outside help. But how do you choose a vendor with the appropriate skills, talent and experience? How can you be confident that the firm you choose to help in your efforts to plan and implement your MDM project is going to do an effective job?
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