13.8 - Develop, Manage, and Deliver Analytics
PCF ID: 20959 | Elements: 6 | Metrics Available: N | Benchmarkable: 0
Definition
Creating new and improving existing analytical capabilities to enhance data management pipeline.
Overview
This process group covers develop, manage, and deliver analytics within the broader context of Develop and Manage Business Capabilities.
Process Hierarchy
Processes
| ID | Process | PCF ID | Sub-elements | Metrics |
|---|---|---|---|---|
| 13.8.1 | Develop and manage hypotheses | 20960 | 0 | N |
| 13.8.2 | Collect data | 20961 | 0 | N |
| 13.8.3 | Analyze data | 20962 | 0 | N |
| 13.8.4 | Report on data | 20963 | 0 | N |
| 13.8.5 | Identify remedial actions | 20964 | 0 | N |
13.8.1 - Develop and manage hypotheses
PCF ID: 20960
Definition: Creating theories that explain empirical data. Use the hypotheses to guide feature selection in the process of data collection.
13.8.2 - Collect data
PCF ID: 20961
Definition: Gathering and harvesting structured and unstructured data from disparate sources. Clean and pre-process data. Remove duplicates. Convert to a uniform format to make records comparable.
13.8.3 - Analyze data
PCF ID: 20962
Definition: Conducting data analysis. Choose statistical algorithms that best reveal patterns and trends in the data. Compare with hypotheses and time series forecasts. Determine error rates and significant outliers.
13.8.4 - Report on data
PCF ID: 20963
Definition: Summarizing and documenting the results of data analysis. Create graphs and visualizations to illustrate numerical findings to make them more accessible to readers.
13.8.5 - Identify remedial actions
PCF ID: 20964
Definition: Determining the steps that need to be taken to correct the shortcomings.
Change Summary (v7.2.1 vs v6.1.1)
Changes indicated by:
+XXXXX- New element added-XXXXX- Element removedcXXXXX- Element changedNEW- Newly introduced
Complete Element List with Definitions
All 6 elements
| ID | Name | Definition |
|---|---|---|
| 13.8 | Develop, Manage, and Deliver Analytics | Creating new and improving existing analytical capabilities to enhance data management pipeline. |
| 13.8.1 | Develop and manage hypotheses | Creating theories that explain empirical data. Use the hypotheses to guide feature selection in the ... |
| 13.8.2 | Collect data | Gathering and harvesting structured and unstructured data from disparate sources. Clean and pre-proc... |
| 13.8.3 | Analyze data | Conducting data analysis. Choose statistical algorithms that best reveal patterns and trends in the ... |
| 13.8.4 | Report on data | Summarizing and documenting the results of data analysis. Create graphs and visualizations to illust... |
| 13.8.5 | Identify remedial actions | Determining the steps that need to be taken to correct the shortcomings. |
Back to: Category 13.0 - Develop and Manage Business Capabilities | APQC PCF Overview | Full Glossary