Project Management Answers

A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a plan to solve the original business problem. This describes which step of the data analysis process?

Q: A company takes insights provided by its data analytics team, validates them, and finalizes a strategy. They then implement a plan to solve the original business problem. This describes which step of the data analysis process?

or

Q: A business evaluates the insights obtained by its data analytics team before deciding on a course of action. After that, they put their strategy into action to address the initial business issue. Which stage of the data analysis process is this describing?

  • Analyze
  • Act
  • Process
  • Share

Explanation: The steps outlined here correspond to the data analysis process’ “Act” stage. The “Act” stage involves verifying the insights acquired from data analysis and putting into motion a plan or strategy to fix the initial business issue or enhance the relevant business processes. Implementing the findings means creating a plan of action to bring about the desired results and accomplish the objectives identified in the data analysis’s preliminary phases.

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