DAT-520 Milestone Communication-1

docx

School

Bryant & Stratton College *

*We aren’t endorsed by this school

Course

MISC

Subject

Business

Date

Nov 24, 2024

Type

docx

Pages

4

Uploaded by JusticeFogOtter241

Report
RUNNING HEAD: DAT 520 Milestone 1 Project Communication Charles C. Long Southern New Hampshire University DAT-520 November11th, 2023
IT 520 Milestone 2 2 I hope this message finds you well. As I approach the final submission of my project in Module Nine, I wanted to take this opportunity to discuss a few aspects and seek clarification on some points to ensure the successful completion of the final project. Project Understanding: Do you have any specific expectations or considerations that should be taken into account for the final submission? I want to ensure that my understanding aligns with your expectations. 1.Comprehensive Data Collection and Preparation: - Gathering historical and current data on various factors relevant to the decision- making process. - Cleaning and preprocessing the data to handle missing values and outliers. - Transforming the data into a suitable format for analysis, ensuring consistency and accuracy. 2. Identification of Key Factors for Decision Model: - Identifying and categorizing key factors such as financial considerations, rental considerations, market trends, and risk factors. - Breaking down financial considerations into specific components like monthly mortgage payments, upfront costs, and opportunity cost analysis. - Analyzing rental considerations, including current and future rental rates and the flexibility of renting.
IT 520 Milestone 2 3 - Assessing market trends through historical and projected property value appreciation and rental rate trends. - Evaluating risk factors, including the stability of the local real estate market and the impact of job stability on affordability. 3. Effective Use of Power BI for Data Modeling and Visualization: - Creating relationships between relevant tables for effective data modeling. - Defining calculated columns and measures for key metrics. - Utilizing visualizations (time series charts, bar charts, tables) in Power BI to present key data points. - Implementing "What-If" analysis and sensitivity analysis within Power BI to allow for scenario exploration and assessment of key factors' impact. 4. Thorough Evaluation of the Revised Model: - Conducting a detailed evaluation of the model's performance over both short-term and long-term periods. - Analyzing key metrics, such as the cost comparison between renting and homeownership, renters' perception and preference, 30-year expenditure, and monthly payment comparisons.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
IT 520 Milestone 2 4 5. Implementation of Diagnostic Tools: - Conducting sensitivity analyses to understand the impact of changes in key factors. - Implementing scenario analyses with varying economic conditions to assess the model's robustness. - Regularly updating the model with the latest market data to ensure relevance and accuracy. Areas of Concern: If there are any areas you believe I should revisit or pay special attention to in the final stages of the project, please let me know. I want to make sure I address any potential gaps or weaknesses. Assistance and Feedback: If there are specific aspects of the project that you believe require more attention or refinement, could you please provide guidance on how I can improve those areas? I greatly appreciate your guidance throughout this project, and I want to ensure that the final submission meets or exceeds your expectations. Thank you for your time and assistance.

Related Documents

1CC27D39-D871-4F78-BA47-D684D94B60C3.docx
MIS assi.docx
LAIT504_ U2_FR_Rocha_Juan Carlos.pdf
Professional Writing.docx
Business Plan Catering business.docx
S6A1_poncea_veronica.docx
SITXMGT002 project.docx
Short Quiz 007 - (5).png
Surge Energy Inc.docx
Business Plan.docx
prueba-1-etica-material-de-estudio.pdf
A Report on Internationalization Strategy of McDonald.edited.docx
Recommended textbooks for you
Text book image
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Text book image
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Text book image
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
Text book image
Introduction to Business
Business
ISBN:9781947172548
Author:OpenStax
Publisher:OpenStax College
Text book image
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Text book image
Bcom
Business
ISBN:9780357026595
Author:LEHMAN, Carol M.
Publisher:Cengage Learning,
SEE MORE TEXTBOOKS
Recommended textbooks for you
Text book image
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Text book image
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Text book image
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
Text book image
Introduction to Business
Business
ISBN:9781947172548
Author:OpenStax
Publisher:OpenStax College
Text book image
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Text book image
Bcom
Business
ISBN:9780357026595
Author:LEHMAN, Carol M.
Publisher:Cengage Learning,
SEE MORE TEXTBOOKS