Difference between revisions of "Group06 proposal"

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! style="background: #899db3;color:#fbfcfd;| Dashboards !!style="background: #899db3;color:#fbfcfd;| Description
 
! style="background: #899db3;color:#fbfcfd;| Dashboards !!style="background: #899db3;color:#fbfcfd;| Description
 
|-
 
|-
| <center><br/>  ''' Dashboard 1: Key Metrics Performance '''  
+
| <center><br/>  ''' Dashboard 1: Higher Education Ranking '''  
[[File:Dashboard1.jpg|thumb|700px|center]]
+
[[File:Higher Education Ranking.png|thumb|700px|center]]
 +
 
 
</center>
 
</center>
 
||  
 
||  
* Key metrics performance indicators would provide executives on the pulse of the business.
 
  
* A dropdown box at the top left would allow the selection of time period and metric the graph would represent.
+
* The GCI assesses the ability of countries to provide high levels of prosperity of citizens. There are 12 pillars of competitiveness. Here, we analyse the 5th pillar, namely Higher Education and Training, and its subcategories.
 +
* The chart displays the ranking among the top 10 countries for the selected category. Singapore is denoted by the red line. If Singapore is not among the top 10, each country will be represented by a different colour.
 +
* Select an option from the filter to view the ranking by category (5th pillar - the overall, or its subcategories).
  
* Instead of providing a value for the metric per time period, Sparklines and percentage changes from the previous time period would show how the metric changed.
 
  
 +
|-
 +
| <center><br/>  ''' Dashboard 2: Enrollment '''
 +
[[File:enrolment.png|thumb|700px|center]]
 +
</center>
 +
||
 +
 +
* The line charts show the number of enrollment for both polytechnic and university institutes over the years.
 +
* Breakdown by course types are displayed on the second graph.
 +
* Dropdown bar and year range slider are available on both graph and this allows for further segmentation.
  
 
|-
 
|-
| <center><br/>  ''' Dashboard 2: Sales Funnel Analysis with Segementation '''  
+
| <center><br/>  ''' Dashboard 3: Government Expenditure '''  
[[File:Sales funnel Analysis.jpg|thumb|700px|center]]
+
[[File:Govtexp.png|thumb|700px|center]]
 
</center>
 
</center>
 
||  
 
||  
  
* Sales funnel analysis would allow executives to show volume of users at each part of the customer journey.
+
* The 100% stacked bar chart shows the proportion of government expenditure by sector.  
* Percentage changes would show the difference between time period, this would allow executives to identify which part of the sales funnel is generating the most friction for buyers.
+
* The education sector is shown at the top of each bar for ease of comparison over the years.
* Upon clicking or selecting from a dropdown menu, there would be options to filter via traffic source (Organic, Direct, Paid Social etc).
+
* The line chart shows the breakdown of education expenditure by level across year.
* This would allow executives to determine the best traffic source that leads to sales and optimise their marketing spend.
 
* Our team is still exploring the possibility of adding more filters such as geographic location or demographics to allow more insights.
 
  
 
|-
 
|-
| <center><br/>  ''' Dashboard 3: Customer Acquisition Cost vs Customer Lifetime Value '''  
+
| <center><br/>  ''' Dashboard 4: Graduate's Prospects '''  
 
+
[[File:GradProspects.png|thumb|700px|center]]
[[File:CAC vs CLV.jpg|thumb|700px|center]]
 
 
</center>
 
</center>
 
||  
 
||  
The last dashboard would be the show the cornerstone of all businesses. Would their business survive in the long run? Are they spending too much to acquire a customer? How long would it take for their customer acquisition cost to break even?<br><br>
+
* The GES is an annual survey conducted by the Ministry of Education (MoE) and the 6 universities on the employment conditions after graduation.
 
+
* The bar chart shows the gross monthly mean salary of different degrees offered under a university and school/faculty in 2018.
Some calculation for context:
+
* The line chart shows the 25th, 50th (median) and 75th percentile of the salary of one of the degrees across year. Click on any bar of a degree to see its salary percentiles.
<br>
+
* Use the filters to compare the gross monthly mean salary of the degrees offered by other universities and their schools/faculties.
Customer Acquisition Cost (CAC): How much does it cost to acquire a customer
 
* CAC = Total Acquisition Cost / # of Customers Acquired
 
<br>
 
Customer Lifetime Value (CLV): How much does a customer bring over the lifetime
 
* CLV = Total Acquisition Cost / # of Customers Acquired
 
<br>
 
Filters per time period and channel would allow further segmentation.
 
 
|}
 
|}
  

Revision as of 03:39, 12 April 2020

Growth Signal

 

Proposal

 

Poster

 

Application

 

Research Paper


Problem & Motivation

Problem

In Singapore, education is one of the sectors that is heavily invested by the state besides defence and health. As years progress, more data are accumulated and made available to the public by various government institutions such as Singapore Department of Statistics and data.gov. Despite the abundance of data, it is often not easy for someone fresh out of post-secondary education to plan for further studies in an efficient and thorough manner due to decentralisation and lack of visualisation (data are in raw/unstructured/tabular form).


Motivation

Enrolling in higher education such as polytechnics, especially universities is becoming a commonplace in Singapore. Not only does it prepare the next generation for the future (individual level), the country as a whole can significantly benefit as a result of a highly-educated population. This interactive visualisation will serve as a platform for post-secondary individuals to analyse the changing landscape and trends of higher education where they can uncover interesting insights and make well-informed decisions to ensure a sustainable future.

Objectives

Target Group: Post-Secondary individuals

With abundance of data and the lack of insights, our team would create dashboards to enable post-secondary individuals to answer the following questions:

  • What are the enrolment rates of the different institutions? Are they increasing or decreasing?
  • How much are the Singapore government spending on education throughout the years?
  • Which degree pays most?
  • What are the employment rates for the various courses?

Dataset

Data/Source Variables/Description Rationale & Methodology

Google Analytics Data from Client's Account (1 Jul 2016 to 1 Mar 2020)
Livestream capable


  1. Users
  2. New Users
  3. Sessions
  4. Number of Sessions Per User
  5. Page Views
  6. Pages / Session
  7. Average Session Per User
  8. Page Views
  9. Pages / Session
  10. Avg Session Duration
  11. Bounce Rate
  12. Conversion values
  13. Number of Users all at Stages of Customer Journey


This is a clickstream dataset which provides strategic data from all traffic sources.


Non exhaustive list.

Background Survey

Research Learning points Improvement

Example of sales funnel (top right) on the to show conversion of Users to Leads and Trial. Can be broken down into timeline as well. The sales funnel would give an accurate idea of how many percentage of users are really interested in the advertisement or those that actually manage to secure leads.

However, diagrams in 3D can be misleading due to overlaps and is not very neat. How many leads in the last 90 days or this month can be combined.

Can add Interaction for across a time period. Funnel can be broken down into more categories such as number of potential leads, marketing leads, sales leads, deals etc. Can give top 5 sources of traffic

Another dashboard example provided by kilpfolio. Useful example to show metrics such as quality of leads and conversion metrics, leads by region and top few social media channels. It can be animated or add a scale to show changes across timing

However, leads by region is too small. Google web analytics Web traffic targets is not labeled and just shows the bar. Can change to label with highlight of red and green (based on whether the progress is negative or positive)

Perhaps can show the top 5 areas instead and table can be replaced by a bar graph. Key conversion metrics and quality of leads can be replaced with line graph to show changes over time.

References

Technical Challenges

Challenge Description Mitigation Plan
Unfamiliarity with Tools Most of the team members are not too familiar with R and R Shiny.
  • Make use of external sources for information and troubleshooting
  • Utilise DataCamp to learn, practice and brush up skills on R and R Shiny
Lack of policy knowledge There may be gaps in knowledge of policy jargons.
  • Research online for the latest educational policy details
  • Cross-reference and state assumptions if there are conflicting information
Data Quality & Integrity Difficult to consolidate data as they are from different government agencies. Some of the data are in an unstructured format.
  • Conduct proper EDA and data cleaning methods to minimise quality problems
  • Apply filters and follow best practices from the industry to reduce data abnormalities

Storyboard

Dashboards Description

Dashboard 1: Higher Education Ranking
Higher Education Ranking.png
  • The GCI assesses the ability of countries to provide high levels of prosperity of citizens. There are 12 pillars of competitiveness. Here, we analyse the 5th pillar, namely Higher Education and Training, and its subcategories.
  • The chart displays the ranking among the top 10 countries for the selected category. Singapore is denoted by the red line. If Singapore is not among the top 10, each country will be represented by a different colour.
  • Select an option from the filter to view the ranking by category (5th pillar - the overall, or its subcategories).



Dashboard 2: Enrollment
Enrolment.png
  • The line charts show the number of enrollment for both polytechnic and university institutes over the years.
  • Breakdown by course types are displayed on the second graph.
  • Dropdown bar and year range slider are available on both graph and this allows for further segmentation.

Dashboard 3: Government Expenditure
Govtexp.png
  • The 100% stacked bar chart shows the proportion of government expenditure by sector.
  • The education sector is shown at the top of each bar for ease of comparison over the years.
  • The line chart shows the breakdown of education expenditure by level across year.

Dashboard 4: Graduate's Prospects
GradProspects.png
  • The GES is an annual survey conducted by the Ministry of Education (MoE) and the 6 universities on the employment conditions after graduation.
  • The bar chart shows the gross monthly mean salary of different degrees offered under a university and school/faculty in 2018.
  • The line chart shows the 25th, 50th (median) and 75th percentile of the salary of one of the degrees across year. Click on any bar of a degree to see its salary percentiles.
  • Use the filters to compare the gross monthly mean salary of the degrees offered by other universities and their schools/faculties.

Project Timeline & Milestones


PowerPoint - Project Timeline (PPT).png


Detailed Project Timeline from Asana (team's task tracker)
Asana - Project Timeline.png

Comments

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