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Data mining is a particular data analysis technique that focuses on statistical modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. [4]
According to Ralph Kimball et al., the planning phase is the start of the lifecycle. It is a planning phase in which project is a single iteration of the lifecycle while program is the broader coordination of resources. When launching a project or program Kimball et al. suggests following three focus areas: Defining and scoping the project
Data Preparation; Modeling; Evaluation; Deployment; The sequence of the phases is not strict and moving back and forth between different phases is usually required. The arrows in the process diagram indicate the most important and frequent dependencies between phases. The outer circle in the diagram symbolizes the cyclic nature of data mining ...
A data collection plan is created and data are collected to establish the relative contribution of each root causes to the project metric (Y). This process is repeated until "valid" root causes can be identified. Within Six Sigma, often complex analysis tools are used. However, it is acceptable to use basic tools if these are appropriate.
A data management plan or DMP is a formal document that outlines how data are to be handled both during a research project, and after the project is completed. [1] The goal of a data management plan is to consider the many aspects of data management, metadata generation, data preservation, and analysis before the project begins; [2] this may lead to data being well-managed in the present ...
A Guide to the Project Management Body of Knowledge — Sixth Edition provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle. [9] and for the first time it includes an "Agile Practice ...
Structured data analysis (SDA) is a method for analysing the flow of information within an organization using data flow diagrams.It was originally developed by IBM for systems analysis in electronic data processing, although it has now been adapted for use to describe the flow of information in any kind of project or organization, particularly in the construction industry where the nodes could ...
Tasks in project management are activity that needs to be accomplished within a defined period of time. Time limit is a narrow field of time, or a particular point in time, by which an objective or task must be accomplished. Work in project management is the amount of effort applied to produce a deliverable or to accomplish a task (a terminal ...