All in Series S

Data Standardization Scores and Changing the DATA Act

The basic ideas behind the DATA Act’s focus on financial data standardization makes such eminently good sense that efforts to weaken such standardization should be carefully and openly assessed. Fundamentally, data standardization if managed well can reduce costs, improve data manageability, reduce errors, and improve communication. Implementing data standards can also improve how date transparency efforts are supported as long as the people who operate the underlying systems want to be more transparent.

Recommendations for Collaborative Management of Government Data Standardization Projects

Standardizing how the U.S. government collects, manages, and publishes budget and expenditure data, as required by the DATA Act currently before the U.S. Congress, is an example of a long-term and complex project. It will be require careful planning, management, and sufficient resources to be successful.

How Important Is ‘Total Cost of Standardization’ to the DATA Act?

Last week I attended a meeting in DC sponsored by the Data Transparency Coalition, PwC, and Intel. Representatives of the Federal agencies likely to manage implementation of the evolving DATA Act presented their thoughts on implementing the Act’s requirements for standardizing and reporting on Federal financial data.