Wednesday, May 6, 2020

What Is Transitioning The Analytical Project To Operations

After the final model review meeting with stakeholders, closing down the project and transitioning to operations begins. The first step in transitioning the analytical project to operations is to create a guidebook of the model outputs for business users (Alt-Simmons, 2016). The document should explain: the work that has been completed; the data sources used; data definitions/metadata on the data; commentary on the data quality; the model development; limitations of the model; model output; appropriate applications; and usability of the model. The guidebook should be written in plain language so that both technical and business employees can comprehend the information. During the development of the predictive model, many disparate data†¦show more content†¦A review of any significant issues discovered with the company data would be covered as well. Any change management issues that may arise due to the operationalization of the model will be included so action items for the relevant leaders can begin. The project manager or project sponsor may show summary slides from the various milestone project meetings that occurred during the project. This is not a repeat of those meetings; just highlights to refresh attendees’ memories. At the close of this session, it should be evident the project is complete. The second part of the meeting deals with lessons learned during the project. The project team had bi-weekly lessons learned meetings throughout the project, and those learnings were cumulative on the project effectiveness. The final project team meeting reviewed all the lessons learned and ranked the most significant improvements and most successful processes. Those will not be rehashed in this meeting. This lessons-learned session will focus on the perspective of the stakeholders, those outside the core team. The core project team members have a good understanding of how the team functioned during this project, but they need to receive feedback from the stakeholders. The professional facilitator will ensure that commentary is directed around improving processes or products. The facilitator will pivot theShow MoreRelatedDefining The Company s Distinctive Capability Essay1980 Words   |  8 PagesDefining the company’s distinctive capability is the first of the four p illars. The distinctive capability of ECA has been defined as being the low-cost operator. The low-cost advantage is what the analytics within the organization support. ECA has the ability to drill and produce their wells at the lowest cost among the competition. This ability is highly supported by the use of analytics and provides continuous opportunities to focus on measures that will drive the organization’s cost down. 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