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Data Analytics Project Life Cycle

The data analytics life cycle consists of 6 phases: 1) Discovery - define the business problem or opportunity, 2) Data Collection - collect relevant data, 3) Data Cleaning - handle missing, duplicate, outlier values, 4) Modeling - build a model to analyze data and generate insights, 5) Evaluation - assess the model's accuracy and interpret results, 6) Deployment - integrate the model into business processes and systems for real-time or batch processing to extract meaningful insights.

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116 views4 pages

Data Analytics Project Life Cycle

The data analytics life cycle consists of 6 phases: 1) Discovery - define the business problem or opportunity, 2) Data Collection - collect relevant data, 3) Data Cleaning - handle missing, duplicate, outlier values, 4) Modeling - build a model to analyze data and generate insights, 5) Evaluation - assess the model's accuracy and interpret results, 6) Deployment - integrate the model into business processes and systems for real-time or batch processing to extract meaningful insights.

Uploaded by

gargvidushi06
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Data Analytics Project Life

Cycle
By Vidushi Garg
What is Data Analytics

Data analytics is the process of collecting, cleaning, analyzing, and interpreting


data to extract meaningful insights. It is used by businesses and organizations of
all sizes to make better decisions, improve efficiency, and drive innovation.
Data Analytics life cycle

• The data analytics project life cycle is a framework for managing the data
analytics process from start to finish.
• It is a systematic and structured approach to solving data-related problems
and extracting meaningful insights from data. It typically consists of several
stages or phases that guide the process of collecting, processing, analyzing,
and interpreting data.
The Life Cycle in 6 Phases
1 Phase 1: Discovery
Define the business problem or
opportunity that the data
Phase 2: Data Collection 2 analytics project will address.
Collect the data that is needed to
solve the problem or capitalize on 3 Phase 3: Data Cleaning
the opportunity. It basically includes filling the
missing values, dropping
irrelevant and duplicate data.
Phase 4: Modeling 4 Handling outliers and
Build a model to analyze the
unnatural values.
data and generate insights.
5 Phase 5: Evaluation
This stage involves assessing
the model's accuracy,
Phase 6: Deployment and Operations 6 precision, recall, and other
relevant metrics, then results
This stage involves integrating the model into are interpreted in the context
the business processes and systems, making it of the business problem to
available for real-time or batch processing . derive actionable insights.

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