While “quick wins” are desirable, getting them in a predictive project can be difficult. We review 2 major obstacles to quick wins in predictive analytics projects.
When beginning a new predictive analytics project, the client often mentions the importance of a “quick win”. It makes sense to think about delivering fast results, in a limited area, that excites important stakeholders and gains support and funding for more predictive projects. A great goal.
It’s the implementation of the quick win in a predictive project that can be difficult. There are at least 2 challenges with using a traditional quick win approach to predictive analytics projects.