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Lifecycle of A Data Science Project

The document outlines the typical lifecycle of a data science project, which includes 10 stages: 1) Identifying the problem, 2) Preparing the data, 3) Analyzing the data, 4) Visualizing insights, 5) Presenting findings, and 6) additional stages of presenting findings to stakeholders, gaining buy-in, and taking action on insights. It notes that preparing the data is the most important but least favorite stage, while analyzing the data can be fun if the previous stages are done correctly. The stages cover identifying goals, cleaning data, analyzing to derive insights, visualizing patterns, and communicating results.

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EDGAR RUBEN SABAN RAXON
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77 views

Lifecycle of A Data Science Project

The document outlines the typical lifecycle of a data science project, which includes 10 stages: 1) Identifying the problem, 2) Preparing the data, 3) Analyzing the data, 4) Visualizing insights, 5) Presenting findings, and 6) additional stages of presenting findings to stakeholders, gaining buy-in, and taking action on insights. It notes that preparing the data is the most important but least favorite stage, while analyzing the data can be fun if the previous stages are done correctly. The stages cover identifying goals, cleaning data, analyzing to derive insights, visualizing patterns, and communicating results.

Uploaded by

EDGAR RUBEN SABAN RAXON
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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LIFECYCLE OF A

DATA SCIENCE PROJECT


Ever heard the phrase "Here's some data, can
you find some insights?" Right? Too often 1
stakeholders approach Data Scientists with IDENTIFY
vague or even undefined goals. Understanding THE PROBLEM We've reached 100% the project
the end goal is very important and sets up the is over! Actually, not yet. Presenting
rest of the project for success. findings is a whole separate "Bonus"
stage. You need to not only convey
10% the insights in your audience's
language but also get buy-in from
them to take action based on those
By far, everybody's least favourite 2 5 insights. This is an art in its own
stage, but perhaps the most import- PREPARE PRESENT right.
ant one. Data can come from many THE DATA FINDINGS
sources, be in the wrong format,
have anomalies and a myriad of
other problems. A single mistake in
70% +80%
this stage can render the rest of the
analysis useless. Visualizing comes hand-in-hand with
analyzing. This is a very powerful
technique as seeing the data in
10% 10% various forms and shapes can help
Creating models, performing data uncover insights that are otherwise
mining, running text analytics, not evident. Also some projects such
setting up simulations - the list goes ANALYSE VISUALIZE as Bl dashboards don't require much
on! This is the most fun and exciting THE DATA INSIGHTS analysis but rely heavily on visualiza-
part and if the previous stages have 3 4 tion instead.
been done correctly, analyzing the
data and deriving insights will feel
like a breeze. Join our Facebook group

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