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Data Quality Advisory - Transactional Data 

This document focuses on transactional data and aims to provide the industrial best practices on transactional data quality assessment, assurance and control. It provides the industry a comprehensive framework and guidance on data quality assessment, monitoring and control in marine and offshore applications.

This advisory provides a holistic approach for managing transactional data in four phases:

• the preparation of data quality implementation plan for standardization of data collection exercises before the data collection process starts
• execution of data quality implementation plans for identifying and addressing data quality issues through rigorous data profiling, data processing and control of incoming data
• testing the efficiency of the corrective actions, continuously monitoring and measuring the data quality levels
• performing root causes analysis for unresolved data quality issues and proposing the improvement plan for data quality issues prevention.

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