BUSINESS METADATA: HOW TO WRITE DEFINITIONS
Many errors and accidents are made/caused by misunderstandings of the meanings of terms used.
How many times have you been in a meeting when the words you heard being said did not match what you thought they were?
Many business decisions are made (and later regretted) due to a misunderstanding of the data, and what the data element used in a report is signifying. Some of these accidents and misunderstandings are large enough to be reported in the media. In prior papers I refer to the Mars Lander episode, where the unit of measure was assumed and not made explicit, miscalculations were made and the equipment was lost. Our businesses are filled with many such examples, although not as costly perhaps, are still quite impactful to the business.