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Introduction to Data Analytics in Project Management

  • Description
  • Curriculum
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Module 01: Introduction to Data Analytics in Project Management

  • Understanding the Role of Data Analytics in Modern Project Management
  • Key Concepts: Data, Information, and Knowledge
  • Overview of the Project Management Lifecycle
  • Importance of Data-Driven Decision-Making in Projects
  • Types of Data Relevant to Project Management (Qualitative Vs. Quantitative)
  • Overview of Analytics Tools Used in Project Management (Excel, Power BI, Python)

 

Module 02: Fundamentals of Data Collection for Projects

  • Principles of Data Collection and Its Relevance to Project Phases
  • Identifying Data Sources: Internal and External
  • Structuring Project Data Collection Plans
  • Data Collection Methods: Surveys, Interviews, and Observations
  • Ensuring Data Quality: Accuracy, Completeness, and Consistency
  • Data Privacy and Ethical Considerations in Project Data Collection
  • Using Digital Tools for Automated Data Collection

 

Module 03: Data Cleaning and Preprocessing

  • Importance of Data Cleaning in Project Analytics
  • Handling Missing Data and Outliers
  • Data Transformation Techniques for Consistency
  • Normalizing and Standardizing Data Sets
  • Data Validation and Integrity Checks
  • Preparing Data for Different Types of Analysis

 

Module 04: Descriptive Statistics for Project Insights

  • Understanding Descriptive Statistics: Mean, Median, and Mode
  • Measures of Dispersion: Range, Variance, and Standard Deviation
  • Data Visualization: Histograms, Pie Charts, and Bar Charts
  • Summarizing Project Data through Frequency Distribution
  • Application of Descriptive Statistics in Project Reporting
  • Using Central Tendency to Assess Project Performance

 

Module 05: Data Visualization for Project Reporting

  • Role of Data Visualization in Project Management
  • Best Practices for Creating Effective Dashboards
  • Overview of Visualization Tools: Tableau, Power BI, and Excel
  • Developing Gantt Charts, Burndown Charts, and Heat Maps
  • Visual Storytelling for Communicating Project Progress
  • Customizing Dashboards for Different Stakeholders
  • Interactive Visualization Techniques for Real-Time Project Updates

 

Module 06: Predictive Analytics in Project Management

  • Introduction to Predictive Analytics and Its Applications in Projects
  • Building Regression Models to Predict Project Outcomes
  • Using Time Series Analysis for Project Timelines
  • Understanding Key Predictive Metrics: R-Squared, Mean Absolute Error
  • Applying Predictive Models to Resource Allocation
  • Risk Forecasting Using Predictive Analytics

 

Module 07: Advanced Statistical Techniques

  • Introduction to Inferential Statistics: Hypothesis Testing
  • Using ANOVA and T-Tests for Project
  • Correlation vs. Causation in Project Data
  • Understanding P-Values and Confidence Intervals
  • Multivariate Analysis for Complex Project Data
  • Identifying Trends and Patterns through Cluster Analysis
  • Applying Statistical Techniques to Project Risk Assessment

 

Module 08: Data-Driven Risk Management

  • Understanding Project Risks through Data Analysis
  • Quantitative Vs. Qualitative Risk Analysis
  • Developing Risk Matrices Using Historical Data
  • Monte Carlo Simulations for Risk Forecasting
  • Scenario Analysis for Project Decision-Making
  • Data Visualization for Risk Communication

 

Module 09: Resource Optimization Using Data Analytics

  • Identifying Key Project Metrics for Project Success
  • Using Linear Programming for Resource Allocation
  • Optimizing Time, Cost, and Resource Utilization through Data Models
  • Predicting Resource Demand with Forecasting Models
  • Techniques for Workforce Analytics in Project Environments
  • Data-Driven Approaches to Manage Project Constraints

 

Module 10: Cost Management and Financial Analytics

  • Using Data Analytics for Accurate Cost Estimation
  • Understanding Cost Variance Analysis
  • Creating Cash Flow Projections for Projects
  • Earned Value Management (EVM) Metrics and Analysis
  • Predicting Project Cost Estimation Using Historical Data
  • Utilizing Financial Dashboards for Real-Time Insights

 

Module 11: Time Management Analytics

  • Overview of Time Management Principles in Project Planning
  • Using Time Series Analysis for Project Scheduling
  • Developing Critical Path Analysis with Data Insights
  • Identifying Project Delays through Trend Analysis
  • Data-Driven Strategies for Improving Time Management
  • Tools for Real-Time Schedule Monitoring

 

Module 12: Stakeholder Analysis and Communication

  • Using Data Analytics to Identify Key Stakeholders
  • Mapping Stakeholder Influence and Interest Using Matrices
  • Developing Targeted Communication Plans Based on Data Insights
  • Predicting Stakeholder Satisfaction through Feedback Analysis
  • Analyzing Social Media Data and Sentiment for Stakeholder 
  • Real-Time Dashboards for Stakeholder Engagement

 

Module 13: Agile Project Management with Analytics

  • Integrating Data Analytics into Agile Methodologies
  • Tracking Sprint Progress in Agile Methodology
  • Using Velocity and Burndown Charts for Agile Performance
  • Predicting Project Backlog Completion with Data
  • Enhancing Team Performance Using Data Analytics
  • Continuous Improvement through Retrospective Analytics

 

Module 14: Big Data Applications in Project Management

  • Introduction to Big Data Concepts and Technologies
  • Using Hadoop and Spark for Large-Scale Project Data
  • Real-Time Data Processing for Project Management
  • Managing Unstructured Data in Projects
  • Identifying Trends and Patterns Using Big Data Analytics
  • Challenges and Solutions in Big Data Implementation

 

Module 15: Machine Learning For Project Optimization

  • Introduction to Machine Learning in Project Contexts
  • Supervised Vs. Unsupervised Learning Applications
  • Building Classification Models for Machine Learning
  • Using Clustering for Resource Segmentation
  • Applying Decision Trees for Project Management
  • Model Evaluation: Precision, Recall, and Accuracy
Lesson, Quizzes & Assignments