Business Data Analytics
Project Management
Ken Fulmer - President and CEO of IIBA International.
Estimated Duration
90 days
Prerequisites
Open to anyone. No experience required.
Potential Earning
£450 – £600 per day
About this Course
Business data analytics is a practice by which a specific set of techniques, competencies and procedures are applied to perform the continuous exploration, iteration, and investigation of past and current business data, for the purposes of obtaining insights about a business that can lead to improved decision-making. In the data-driven economy, providing value means being able to translate data rapidly into value-add information.
Business Data Analytics Course Outline
important things you should know
- What is Business Data Analytics?
- Understanding Business Data Analytics as a Movement
- Understanding Business Data Analytics as a Capability
- Understanding Business Data Analytics as a Data-Centric Activity Set
- Understanding Business Data Analytics as a Decision-Making Paradigm
- Understanding Business Data Analytics as a Set of Practices
- The Business Data Analytics Cycle
- Business Data Analytics Objectives
- Business Analysis vs Business Data Analytics
- Identify the Research Questions
- Source Data
- Analyse Data
- Interpret and Report Results
- Use Results to Influence Business Decision Making
Domain 1: Identify the Research Questions
- Define Business Problem or Opportunity.
- Identify and Understand the Stakeholders,
- Assess Current State,
- Define Future State,
- Formulate Research Questions,
- Plan Business Data Analytics Approach
- Select Techniques for Identify the Research Questions
Domain 2: Source Data
- Plan Data Collection,
- Determine the Data Sets,
- Collect Data
- Validate Data
- Select Techniques for data sourcing
Domain 3: Analyze Data
- Develop Data Analysis Plan,
- Prepare Data,
- Explore Data,
- Perform Data Analysis, and
- Assess the Analytics and System Approach Taken
- Select Techniques for analysing data
Domain 4: Interpret and Report Results
- Validate Understanding of Stakeholders,
- Plan Stakeholder Communication,
- Determine Communication Needs of Stakeholders,
- Derive Insights from Data, and
- Document and Communicate Findings from Completed Analysis
- Select Techniques for Interpret and Reporting Results
Domain 5: Use Results to Influence Business Decision-Making
- Recommend Actions
- Develop Implementation Plan
- Manage Change
- Select Techniques
Domain 6: Guide Organizational-Level Strategy for Business Data Analytics
- Organizational Strategy,
- Talent Strategy, and
- Data Strategy
- Select Techniques
- Underlying competencies
- Business Simulation & Business Visualizations
- Concept Modelling & Data Dictionary
- Data Flow Diagrams & Data Mapping
- Data Storytelling & Decision Modelling and Analysis
- EDA & Hypothesis Formulation and Testing
- Interface Analysis & Optimization
- Problem Shaping & Stakeholder List, Map, or Personas
- Survey and Questionnaire & Technical Visualizations
- The Big Idea & 3-Minute Story
- Business Simulation
- Business Visualizations
- Concept Modelling
- Data Dictionary
- Data Flow Diagrams
- Data Mapping
- Data Storytelling
- Decision Modelling and Analysis
- Descriptive and Inferential Statistics
- Extract, Transform, and Load (ETL)
- Exploratory Data Analysis
- Hypothesis Formulation and Testing
- Interface Analysis
- Optimization
- Problem Shaping and Reframing
- Stakeholder List, Map, or Personas
- Survey and Questionnaire
- Technical Visualizations
- The Big Idea
- 3-Minute Story
Target Audience for Project Management Professional Training
Job roles that can take this training include, but are not limited to:
- IT Managers, Project Managers
- Team Leads, Project Associates
- Project Analysts
- Business Analysts
- Project Coordinators
- Associate Project Managers
- Product Managers
- Program Managers
- Project Consultants
- Project Sponsors
- Software Developers
- Aspiring Project Managers
- Anybody who wishes to completely understand of the PMP Project Management Approach