ANLY482 AY2017-18T2 Group08 : Project Overview

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ANLY482 AY2017-18 T2 Projects

Description

Methodology

Project Background

in progress

Project Motivation

Sponsor Motivation

Currently, oBike has engaged two full-time employees as well as third-party contractor to manage these illegal parking cases. When issued with a new ticket, it is the job of these employees to record the case details into a spreadsheet. Due to the overwhelming number of illegal parking cases occurring each day, oBike has not yet been able to take a closer look at their data. As such, they have agreed to collaborate with us in the hopes of using analytics and its related tools to clean, analyse and make sense of the data that they have. In doing so, they hope to be able to better manage their illegal parking cases.

Team Motivation

As Albert Einstein had once said, “Education is what remains after one has forgotten what one has learnt in school.” Keeping in mind this mantra, we understand the importance of applying what we have learnt in the world of business. Further, as final-year students with a second major in Analytics, this module serves as a platform for us to develop our analytical skills and to gain legitimate hands-on experience. It gives us a taste of what analytics has to offer, thereby preparing us for the real world.

In today’s world, environmental degradation, climate change and sustainability issues pose a great problem to businesses and individuals alike. oBike’s mission statement is to build a sustainable mode of transportation for public masses and to achieve energy savings and reduce carbon dioxide emissions globally. As we strongly resonate with their mission and values, we have decided to collaborate with oBike to value-add to their business via analytics. The scope of this project also challenges us to take the initiative to acquire greater knowledge and develop new skills above and beyond what we have learnt in school. As individuals with a zest to learn more, this project will definitely be an eye-opening experience.

Project Objective

General Objectives

Keeping in mind oBike’s current business problem, this practicum ultimately seeks to help them tackle it via the following objectives:

(i) Identify hotspots for illegal parking cases

(ii) Project the illegal parking patterns by analysing historical data

(iii) Determine suitable areas for yellow boxes to be painted

Intermediary Objectives

Having reviewed the sample data provided by our sponsor, we arranged a consultation with our supervisor. Following that, our team has come up with additional interim goals to ensure that the aforementioned objectives are achievable. These include:

(i) Developing a better understanding of oBike’s third-party contractor’s operations

(ii) Perform exploratory data analysis to obtain a rough understanding draw a summary of the data

(iii) Properly define terminologies i.e. what constitutes ‘high-risk’ by determining a suitable criteria (e.g. fines issued more than x times per day)

This project scope is focused entirely on Singapore, due to limitations in the data available.

Scope of Work

in progress