Leaders and aspiring leaders who desire a compact strategic orientation to evaluate, prioritize and manage analytic opportunity, mindset, resourcing, benchmarking and change management for organizational analytics may attend the Assess and Plan Phases of the comprehensive course independently.
This one-of-a-kind Building the Analytics-Driven Operation | Design course focuses on the most chronic failings of the vast majority of advanced analytics implementations: comprehensive project assessment, design and planning. The analytic professionals who apply the strategic principles in this course will obtain the rare analytic leadership skills to overcome their organization’s ongoing analytic challenges and stand out in this competitive practice.
If you are looking for an intensive vendor-neutral strategic orientation to predictive analytics that is critical to overall project and operational success, then this course is for you.
Who Should Attend Building the Analytics-Driven Operation | Design Seminar?
- IT Executives and Big Data Directors
- Line-of-business Executives and Functional Managers
- Data Scientists
- Technology Planners
- Consultants
Upon successful completion, students will earn 9 INFORMS Professional Development Units.
Prerequisites
Registrants will be required to view a three-hour asynchronous “Core Concepts” orientation prior to attending this event. Access details for the Core Concepts prerequisite will be shared with participants prior to the start of the course. Prior education or experience in data analytics or statistics is helpful, but not required.
What Makes This Course Unique
The developers of this course have been actively involved with the design, implementation and deployment of real-world predictive modeling solutions. Their clients have been richly rewarded by recognizing doomed projects in advance and deriving real value from successful deployments.
There simply is no other vendor-neutral event in the marketplace that focuses exclusively on analytic project assessment, planning and design – let alone integrating seamlessly into an overarching series for end-to-end process implementation. The skills learned in this course are highly valued in the market.
Note that this course does not drill into specific algorithms or tactical implementation topics. For a deeper presentation of modeling methods, algorithms and techniques, refer to the
Development Course which directly follows this event. To step through all phases of The Modeling Practice Framework™, view the
Comprehensive Experience course description.
Core Concepts
- Prerequisite Three-Hour Preparatory Orientation
- View the full Core Concepts Topic Outline
Terms Used in Today’s Analytics Environment
- Big Data Analytics
- Predictive Analytics
- Data Science
- Business Intelligence
- Data Analysis
- Machine Learning
- Dashboards
- Applied Statistics
- Prescriptive Analytics
- Predictive Modeling
- Internet of Things ( IoT )
- The Current Landscape of Analytics Software
Assess Phase
- Assemble Team
- Leadership, Analysts, Subject Experts, Data Support, Stakeholders, etc
- Determine Whether External Talent is Needed
- Examine Culture & Mindset
- List Candidate Projects
- Place Projects on a Benefits / Challenges Quadrant Plot
- Guided Discussion Breakout Session
- Define Performance Benchmarks
- Identify Data Sources
- Itemize Existing Analytic Resources
- Describe Operational Environments
- Initial Report of Overall Practice Readiness
- What Should an Assess Phase Report Contain?
- Exercise Breakout Session
Plan Phase
- Pull & Recon Data
- Explore Data & Verify Quality
- Do We Have Enough Data?
- Which Data are Relevant?
- Make a First Look at Data Quality
- Exercise Breakout Session
- Design Analytic Sandbox
- Qualify Team
- Qualify Tools
- Define Operational Environment(s)
- Establish Performance Benchmarks & Targets
- What are the current metrics (KPIs)?
- What is the Role of Technical Metrics vs. KPIs?
- Benchmark Demonstration
- Consider Deployment Options
- Prioritize Viable Projects
Wrap-up and Next Steps
- Supplementary Materials and Resources
- Conferences and Communities
- Get Started on a Project!
- Options for Implementation Oversight and Collaborative Development
COURSE LOGISTICS
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Certificates | Same day as course completion |
Parking | Easy access from the Metro (Farragut Station). For our out-of-town attendees, PCI offers lodging at the nearby Club Quarters with rates at or below the government per diem. Ground floor entrance. |
Food | For Live, In-Person Events: Continental breakfast and snacks/beverages throughout the day, but not lunch. |
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