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Data Literacy in Practice

You're reading from   Data Literacy in Practice A complete guide to data literacy and making smarter decisions with data through intelligent actions

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Product type Paperback
Published in Nov 2022
Publisher Packt
ISBN-13 9781803246758
Length 396 pages
Edition 1st Edition
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Authors (2):
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Kevin Hanegan Kevin Hanegan
Author Profile Icon Kevin Hanegan
Kevin Hanegan
Angelika Klidas Angelika Klidas
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Angelika Klidas
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Table of Contents (21) Chapters Close

Preface 1. Part 1: Understanding the Data Literacy Concepts
2. Chapter 1: The Beginning – The Flow of Data FREE CHAPTER 3. Chapter 2: Unfolding Your Data Journey 4. Chapter 3: Understanding the Four-Pillar Model 5. Chapter 4: Implementing Organizational Data Literacy 6. Chapter 5: Managing Your Data Environment 7. Part 2: Understanding How to Measure the Why, What, and How
8. Chapter 6: Aligning with Organizational Goals 9. Chapter 7: Designing Dashboards and Reports 10. Chapter 8: Questioning the Data 11. Chapter 9: Handling Data Responsibly 12. Part 3: Understanding the Change and How to Assess Activities
13. Chapter 10: Turning Insights into Decisions 14. Chapter 11: Defining a Data Literacy Competency Framework 15. Chapter 12: Assessing Your Data Literacy Maturity 16. Chapter 13: Managing Data and Analytics Projects 17. Chapter 14: Appendix A – Templates 18. Chapter 15: Appendix B – References 19. Index 20. Other Books You May Enjoy

Layout for a business case

  1. Reasons for your project – A brief introduction, a description of the problem, and the project’s main goal (why).
  2. The options or scenarios – The following elements create a scenario: an introduction, pros and cons, and strategic contribution. Figure 13.10 shows an example of how to write your scenarios or options.
  3. Qualitative benefits – Try to emphasize the advantages that your project will bring to your company (without the financial calculations for now).
  4. Risks – Which high-impact risks did you identify? There are several risks that we should investigate, control, and describe.
  5. Financial analysis – There are a few things to consider when conducting a thorough financial analysis of your project. It not only makes all project costs visible, but it also explains why you need to include them in your budget. The same principle applies to the future value that your business case can provide. Always...
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