Data Science Project Governance Framework
Data Science Project Governance Framework is a framework that can be followed by any new Data Science business or team. It will help in formulating strategies around how to leverage Data Science as a business, how to architect Data Science based solutions and team formation strategy, ROI calculation approaches, typical Data Science project lifecycle components, commonly available Deep Learning toolsets and frameworks and best practices used by Data Scientists. I will use an actual use case while covering each of these aspects of building the team and refer to examples from my own experiences of setting up Data Science teams in a corporate/MNC setup.
A lot of research is happening all around the world in various domains to leverage Deep Learning, Machine Learning and Data Science based solutions to solve problems that would otherwise be impossible to solve using simple rule based systems. All the major players in the market and businesses are also getting started and setting up new Data Science teams to take advantages of modern State-of-the-Art ML/DL techniques. Even though most of the Data Scientists are great at knowledge of mathematical modeling techniques, they lack the business acumen and management knowledge to drive Data Science based solutions in a corporate/MNC setup. On the other hand, management executives in most of the corporates/MNCs do not have first hand knowledge of setting up new Data Science team and approach to solving business problems using Data Science. This session will help bridge the above mentioned gap and help Executives and Data Scientists provide a common ground around which they can easily build any Data Science business/team from ground zero.
Outline/Structure of the Talk
- How to launch a Data Science based solution as a business
- How to define ROI (Return-on-Investment) for your Data Science based solution
- ROI calculation worksheets and samples
- Plan for building a Data Science based solution
- How to form a team building a Data Science based solution
- Lifecycle phases of a typical Supervised Machine Learning project and their interdependence
- Dataflow management
- Risk evaluation & Regulatory compliance strategy
- Comparative review of Deep Learning toolsets and frameworks
- Best practices practiced by Data Scientists
You will learn how to setup a team/business for building a Data Science based solution. You will also get a detailed understanding of how to measure the business impact of your Data Science based solution beforehand for better transparency, using ROI calculation techniques.
Executives, Data Scientists, Data Engineers, Data Specialists, Machine Learning Engineers, Data Science Enthusiasts setting up or looking to setup a new Data Science business or team.
Prerequisites for Attendees
Principles of Data Science, Machine Learning and Programming.