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Data Collection & Management

Introduction
There is a common saying that your results can only be as good as the data you collect. Companies are relaying more and more on analytics and data driven decision management for their planning, forecasting, inventory management, supply chain management and strategy development.
The abundance of data also makes it difficult to make unbiased decisions, complexity of the mathematical models makes the people reluctant to question the decisions and therefore, no matter how the well-intended and robust models we have, they are still fully dependent on the quality of data they receive.
The data quality depends on the techniques we use to collect this data, and to be able to distinguish different types of data we collect. This Data Collection Techniques seminar will highlight the common tools and techniques used to collect the data, dispel the myths of data quality and teach the participants how and when to use different techniques, the adequate number of samples they need to collect as well as the insight into data collection from automated and online monitoring systems.
Who Should Attend?
This workshop has been designed for professionals whose jobs involve the data gathering, data analysis, decision making, optimization, as well as anyone from the companies which make decisions based on scientific methodology or want to become one.
This course is suitable to a wide range of professionals:
  • Operation Managers, Project Managers, Financial Managers, Data Analysis
  • Supply Chain Managers, Risk Managers, Plant Managers, Production Planners etc.
The workshop will highlight:
  • How to Create a Data Collection Plan
  • Determine Adequate Sample Size
  • Biases and Common Errors that can be Present in the Data Collected
  • Big Data Concepts
  • The Difference between Primary and Secondary Data
  • The Ways to Collect the Data
  • Methods of Collecting the Data in Real Time
Objectives
The objective of this Data Collection Techniques workshop is to provide participants with the adequate knowledge of the techniques of data collection, ranging from interviews, surveys, observations, focus groups to the Big Data collection and warehousing. The delegates will get the insight into the ways of ensuring the data quality, and understanding the ways to remove or mediate the errors in data collected.
At the end of this workshop, you will learn to:
  • Understand the need for a data collection plan
  • Differentiate between the primary and secondary data
  • Calculate the adequate number of samples
  • Define and apply the data quality checklists
  • Understand the properties of Big Data
  • Recognize the benefits of Real-time data collection methods
  • Understand the issues of privacy while conducting a data collection
Training Methodology
This seminar adopts a problem‐based learning approach, where the participants will be presented with different methods of data collection, the benefits and downsides of different techniques, as well as the preparation and application of the data collection plan, methods on how to conduct interviews, how to develop and conduct surveys and how to avoid biases while collecting the data. Automated methods of data collection will also be presented. Delegates will also get the insight into data collection for different industries, from Supply Chain management.
Benefits:
The abundance of data makes the organizations focused on data driven decision making, and the focus is quite often on complex and robust algorithms, while the data quality is sometimes neglected resulting in inadequate or sub optimal decisions.
Based on the paradigm that the results are only as good as the data you acquire this seminar teaches the participants on
  • How to avoid the pitfalls and myths of data collection;
  • Ability to first identify the goal of gathering the data
  • Understanding the actual number of samples to collect for optimal decisions
  • The knowledge of where and when they can use secondary data
  • Improve the understanding of relation between the data and the models
  • Improved use of Big Data
  • Ability to use automated methods of real time data collection
Seminar Outline
The Importance of Data Collection 
  • Historical Context
  • Data Sources
  • Defining the Data Collection Plan
  • Determining the Sample Size Required
  • Project Charter
  • Common Sources of Data
Collecting Data 
  • Most Common Data Collection Techniques
  • Conducting an Interview
  • Using Questionnaires and Surveys
  • Observations and Focus Groups
  • The Aspects of Big Data
  • Automated Techniques for Data Collection
  • Data Management Strategy
Examples of Use of Data Collection Techniques 
  • Planning and Conducting an Interview
  • Planning and Creating a Survey
  • Determining Survey Scales
  • Conducting Experiments
  • Plan and Use Online (electronic) Surveying Tools
  • Sources of Secondary Data
  • Use and Referencing of Secondary Data

Timings: 9:30 am – 5:00 pm, Registration begins at 9:00 am

How to Register:

  • Fees: Rs. 8,650/- + 18% GST Per Person
  • Please write to register@princetonacademy.co.in / Call -022 67256200
  • Mention the name of participant, company, contact details.
  • Fees include lunch, tea, course material, participation certificate etc.