From the course: Predictive Analytics Essential Training: Data Mining

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Translating business problems into data mining problems

Translating business problems into data mining problems

From the course: Predictive Analytics Essential Training: Data Mining

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Translating business problems into data mining problems

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- [Instructor] If you're the one that's building the model, you might have more analytics project management responsibility than you anticipate. The reason is that those around you could be your management, or they could even be your client, might be unaccustomed to managing this kind of project. While it has similarities to IT projects and software development projects, it has its own unique set of characteristics. So our next element is analytics project management. And the very first thing that you're going to have to decide is how to define the boundaries of the project. It almost always takes more than one project to produce a complete solution. But if you and the broader team don't agree on where one project ends and the next begins, you're going to get yourself into trouble. And I have some specific advice regarding this. One micro decision equals one project. Why does this matter? Well when you read up on the…

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