Common Data Sense for Professionals: A Process-Oriented Approach for Data-Science Projects by Rajesh Jugulum

Author:Rajesh Jugulum
Language: eng
Format: epub, mobi, pdf
Publisher: Routledge
Published: 2021-12-09T00:00:00+00:00

Now let’s see what we can infer from the risk assessment matrix in Figure 3.6. It is clear that “defining metrics” and “data quality” have the highest RF values and so they are classified as “very high” risk process elements that need to be addressed first, followed by data acquisition which is classified as “high” risk process element and so on.

Jim: This is a very good way to list and prioritize various risks so we can work on critical issues first. What is next, Manju?

Manju: Now let’s focus on risk and uncertainty due to incomplete information.

Jim: Sounds nice.

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