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WEBINAR: The Future is Now: Incorporating Predictive Analytics into Outcomes Analysis

April 25 @ 2:00 pm - 3:00 pm

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predictive analytics

“How can I be more effective with my grantmaking?” It’s the age old question for grantmakers and many are turning to the power of analytics.

The problem with incorporating analytics for effective outcomes-based decision making is how to get started, and what steps to take.  This presentation will review the steps in leveraging predictive analytics — from business objective through to deploying analytics.

The CRoss Industry Standard Process for Data Mining (CRISP-DM) provides a roadmap for implementing advanced analytics into foundations and non-profits.  A proven, domain independent methodology has made CRISP the most used approach for data mining and predictive analytics.  Part of the presentation will be a review and understanding of CRISP and how it may be applied.

Outcomes analysis and an approach to analyzing and developing insight regarding outcomes can be considered within three general dimensions:

  1. Descriptive analytics can be used to examine what has occurred and to use that as the point of departure for more in-depth considerations.
  2. Predictive analytics involves the creation of models to answer questions, such as forecasting outcomes and predictive what will
  3. Prescriptive analytics considers how to optimize outcomes for the best result in consideration of constraints and requirements

This presentation will walk attendees through the CRISP-DM methodology with a discussion of the pitfalls and advantages offered in each step of the process model.  With real-world case studies the presentation will aid in understanding the phases, ensuring a more comprehensive approach to outcomes analysis for foundations and non-profits.

 

Presenter: Tim Daciuk, Director of Advanced Analytics, SmartSimple Software Inc.

 

Webinar Fees:

 

REGISTER NOW

 

Questions? Contact us at webinars@peakgrantmaking.org.

Details

Date:
April 25
Time:
2:00 pm - 3:00 pm
Event Category:
Event Tags:
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Website:
http://bit.ly/2o7ulB5

Venue

Webinar