Framing Business Requirements for Advanced Analytics

This course will introduce decision modeling as a technique for framing advanced analytic projects. Success with advanced analytics requires a clear and robust definition of the decision-making that will be improved with those analytics. Existing requirements approaches fail to capture critical elements of decision-making resulting in advanced analytic projects that fail to deliver business value or that are difficult and expensive to deploy. Decision modeling will be introduced as a technique for describing decision making problems. Industry standard approaches will be used to break down complex problems so that they can be specifically addressed with advanced analytics. These models provide a framework for building a business case, building and deploying advanced analytics, and measuring results over time.

This course will allow business professionals to develop decision models and frame their advanced analytics projects more effectively.