2What to revise?Read all the slides, pay attention to the learning outcomes listed (objectives) in all chapters, ask yourself if you are able to demonstrate the knowledge identified in the learning outcomesRevise all the questions discussed in tutorials, if the questions ask for examples, work on providing relevant examples and always try to match with the main objectives of BI in businessUse table to provide comparison, ensure the points discussed relate to the ones compared toHelp me to help you – look after the format & handwriting and structure and label your answers accordingly
3How much is enough? Look at the marks allocated. Try to work out the math for the points required in your answer.Example :In Business Performance Management, it has been identified that there are foursources for the gap between strategy and execution. Identify each gap.[4 marks]Answer:Four sources of gap are :Vision (viability, suitability to the organization)People (are they ready?)Management (do they agree?)Resources (are the infrastructure ready?)(Award 1 mark each for the correct identification)
4Compare and contrast Always use table Identify the basis for each comparisonTry to make a contrasting point for each items to be compared.ElephantsCatsWeight1000kg4kgHabitatJungleHomeLength5 meter0.8 meter??
5Segmenting your answer If ask to identify a few list of items, segment your answer, don’t combine discussion on all of the items in one paragraph.E.g. Identifying project activitiesPlanning: Setting goals and objectives etc……Data Gathering : Establishing data/information/requirement ……Design : Based on data gathered ….Develop: Develop the system …….rather thanThe first process is ……………………………………………………………………………………………………………………………………… The second process is The third process is
6Answer to the questionIdentify what are the questions that need to be answered.E.g.Describe OLAP in detail and explain why it has become important in decision making process. Include in your answer a discussion on how does OLAP differ from OLTP.
7What you must be comfortable explaining Topic 1 – Changes in Business Environment and Managerial Decision MakingLearning outcomes:Critically discuss problems faced by today’s business and ways they are being addressedDiscuss the need for computerized support of managerial decision makingKeywords: Structured and unstructured decision making, ubiquity, business environment factors
8Keywords you must be comfortable explaining Topic 2 – Understanding BI Part ILearning Outcomes:Explain the concept of Business IntelligenceKeywords : Strategy gaps, Business Intelligence, Data warehouse, Business Analytics, Business Performance Management, Major Issues in Implementing BI
9Keywords you must be comfortable explaining Topic 3 – Understanding BI Part IILearning Outcomes:Discuss the use of BIDescribe the major types of BI usersDescribe major issues in implementing BIKeywords: Operational ExcellenceOperational Excellence, Customer Intimacy, Product LeadershipCompetitive IntelligenceCompetitive AdvantageOLAPOLTP
10Keywords you must be comfortable explaining Topic 4 – Data Warehouse Part ILearning Outcomes:Understand the basic definitions and concepts of data warehousesUnderstand how a data warehouse differs from an operational databaseDescribe the characteristics of data warehouseDescribe data warehouse process overviewDescribe the different types of data warehouse architectures
11Keywords you must be comfortable explaining Topic 5 – Data Warehouse Part IILearning Outcomes:Describe the processes used in developing and managing data warehousesExplain data integration and the extraction, transformation, and load (ETL) processesDescribe real-time (active) data warehousingUnderstand data warehouse administration and security issues
12Keywords you must be comfortable explaining Topic 6 – Business Analytics & VisualizationLearning Outcomes:Explain the concept of multidimensionality and how can it improve decision makingExplain the concept of cube in multidimensionalityExplain Geographic Information Systems (GIS) and its role in BI
13Keywords you must be comfortable explaining Topic 7 – Data MiningDescribe data mining, its characteristics and objectives in businessIdentify and explain the common algorithms used in data miningDiscuss the use of data mining in different types of businessDiscuss the importance of data mining in understanding customers’ behavioursDiscuss text mining
14Keywords you must be comfortable explaining Topic 8 – Business Performance ManagementBusiness performance management (BPM) definitionBPM’s closed-loop processesStrategy gap factorsThe differences between scorecards and dashboards
15Question 2Ubiquity in computing is said to offer capabilities to facilitate decision support . Explain ubiquity with example.
16Question 3Explain structured decision making with example
17Question 4Explain unstructured decision making with example