Measurement and Evaluation: Analytics and Data Driven Decision Making

Recently Worked on a paper for a school… interesting topic…Measurement and Evaluation Analytics and Data Driven Decision Making.

I will also be doing a related webinar this coming Feb 15 entitled Analytics & Data-Driven Decision-Making.

Webinar details:

February 15, 2017

1pm Eastern

Webpage with webinar registration links: http://programs.online.american.edu/msme/webinars

The ability to effectively evaluate projects, programs and processes requires a thorough understanding of analytics.

Analytics is generally defined as the discovery of patterns in data that provides insight and identifies opportunities.

Organizations that invest in analytics generally make much better business decisions then one’s that don’t.

In fact, IBM found that organizations who use analytics are up to 10x more efficient and 33% more profitable the ones who don’t.

A good analytics solution constructs a universal framework for collecting, analyzing and using data to determine project effectiveness and efficiency.

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As the amount of data available increases daily, the use of analytics is becoming essential to all levels of an organizational today.

This Big Data allows both deeper analysis but also requires more skill in getting to the right data.

By taking inspiration from the way corporations use business analytics to optimize their Big Data, our program measurement and evaluation processes can be greatly enhanced.

Bringing data together from a variety of sources and integrating the data into the decision-making processes, allows the empowerment of decision-makers to make much more intelligent choices.

When analytics driven leaders possess the practical assessment skills needed to evaluate projects bridging various sectors and industries, they are much more effective then ones that don’t.

In today’s information age, the quick and efficient measurement and evaluation of projects using analytics ensures success with corporate, non-profit and governmental organizations across various sectors and industries.

Analytics Education – Facilitating a mastery of the fundamentals of analytics is what DMAIPH does best. All across the world, companies are scrambling to hire analytics talent to optimize the big data they have in their businesses. We can empower students and their instructors with the knowledge they need to prepare for careers in analytics. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly so we can set a guest lecturer date, On-the-Job Training experience or other analytics education solution specifically tailored to your needs.

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