PCG Blog
Seven Steps to BI Project Success.
Author: Mark Henson, PCG Actualize Business Intelligence
Introduction
Business analytics projects represent an important milestone in a business. First, they are an acknowledgement that standardized reporting and spreadsheets are no longer able to keep up. And, second, they become the bridge between information, as the largest business asset, and better decision making and actions that propel the business forward.
This blog post presents in outline form the seven keys to ensuring that your next business intelligence project is a success. To get the details, click the link at below the text and download the entire paper.
1. Identify an Analytics Strategy
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- Defining business objectives
- Identifying relevant data sources
- Choosing the right tools
- Assembling the right team
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2. Defining Project Requirements
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- Interviews
- Surveys
- Focus groups
- Prototyping
- Observation
- Documentation reviews
- Benchmarking
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3. Assembling the Best Team
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- Business Intelligence and technology experts
- Subject Matter Experts (SMEs)
- Data Experts, IT and Security
- Project Management
- Training and Support
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4. Having a Great Design
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- Helps agree on a scope and what success looks like
- Improves communication across the business and project
- Substantially reduces risk to the business and project
- Allows for iterative development to better outcomes
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5. Having the Right Project Plan
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- Provides clear understanding of goals and objectives
- Helps manage resources effectively
- Protects project timelines from slippage
- Provides the basis for monitoring and controlling project progress
- Facilitates communication and collaboration
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6. The Proper Testing Plan and Protocol
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- Unit testing to ensure all code functions correctly
- Integration testing to see how all code segments work together and correctly
- System testing and quality assurance to deliver the right results
- Stress testing to identify obstacles to growth and demand peaks
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7. Training
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- Basic training for new users to address issues of functionality, familiarity with interfaces, creating reports, etc.
- Super User training for power users who wish to dig deeper into the data and personalize their experience
- Developer training to help the organization get even more out of their data
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What’s Next?
Working with a partner like PCG, who facilitates an end-to-end business model approach to customer adoption of great business intelligence and analytics, will greatly reduce costly errors in the evaluation, choice, implementation, business release and immediate performance of your BI initiative. This, in turn, will shorten project times and increase productivity growth so your business can earn more rapid ROI from your investment.
Consider PCG for your BI or analytics project to help your organization to adopt a new way of thinking, a new way of operating and continue to be an industry leader that expands the gap between you and your competitors.
Great business intelligence and analytics turns your largest business asset into great decisions and results. Contact PCG and let’s get started!
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