Name
Data vs. Metrics: Is There A Difference?
Date & Time
Tuesday, October 20, 2020, 4:40 PM - 5:10 PM
Dhaval Gajjar
Description

Everyone talks about collecting data, but nobody really knows how to use it, everyone thinks everyone else is using it, so everyone claims they are using it too. Access to information in the modern times has resulted in more and more data collection. Every second of every day, we are drowning in way too much data than we can possibly process in our brains. It is time to step back and look at the big picture. Understanding what are the key metrics that indicate the performance of people and teams for your projects and then collecting these metrics during procurement is important. Past research indicates that collecting the right metrics requires a measurement system that is implemented throughout the project life-cycle starting from the sourcing stage. Using real project examples and case studies this session will help the attendees in learning simple tools and techniques to transition from data collection to metrics tracking and how to transform supply chain using these metrics.

Session Type
Talk
Virtual Session Link
Session Content Type
Analytics/Data