Improved Decisions for Ocean FreightsProject Management MethodologyPlan

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PROJECT MANAGEMENT

Documentation

Analysis & Findings

Schedule

PLAN & METHODOLOGY


Data Collection

Exploratory Data-Analysis (EDA)

Iterative Process

Conclusion

Data Collection
Requirement Gathering
Initial Cleaning

Data Cleaning and Initial Visualisations
Further Data-Analysis

1 Iteration per question:

  • EDA (Specific to Question)
  • Analysis/Visualisations
  • Evaluation
  • Modification
    Cycle repeats if required

Building of Visualisations

Dashboard Design
Storyboarding
Test Data Run
Evaluation Run


Data Driven Approach

Frieghtdda.png

The approach that we have decide to take on is one where we utilize data to create actionable goals. In the First Phase, we decide on the questions to ask by going through the assumptions made based on given information by our clients. In the Second Phase, we enter the Exploratory phase where we make observations of the actual trends. From there we can evaluate our initial ideas and decide on an area to focus on, refining the work in the process.

Data Cleaning and Initial Visualizations

We will need to study the data and identify which columns of data is not useful for analysis. We will also need to filter out noise. We will then come up with some visualizations using JMP first to explore which visualizations have the potential to be useful. We will not be using JMP for our final dashboard as JMP can only produce static visualizations whereas our final product will contain interactive visualizations. Calculated fields will also be explored. Depending on the data, we will decide what calculated fields would be useful for use in our dashboard.

Further Data-Analysis

We will attempt to see if the data can be clustered. If meaningful clusters can be formed, we can use this information to help in our dashboard design as well. We will also check for relationships between variables by looking at measures such as correlation.

Building of Visualizations

Relevance, trends, and concepts are hard to understand just from spreadsheets of data, and as such, visualisations are critical in conveying these messages. It is our aim to not just present the findings in charts and graphs but also in interactive visualisations. Aligned with our client’s requirements, we will be looking into creating a sustainable solution, one that can be used repeatedly.

Dashboard Design

We will carry out an iterative approach on different dashboard designs to see which design gives the most insights. We will then attempt to incorporate what-if analysis into our dashboard. We will be studying these areas:

  • What type of visualizations to use
  • What selections and filters are most effective
  • Level of customizability
  • Colour schemes and layout for clarity