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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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