ABSTRACT
As a result of the activities that are in Stage II, we dened a list of questions that the executive team might ask or to which they would want related information. We established a data collection plan, collected the necessary information, validated that the information was accurate, and now we are ready to analyze these data and put them into the formal value proposition document. Many of the data analysis activities that will take part are in parallel with Stage II, as the data will be analyzed as they are collected. Too o«en, teams are interested in saving a few minutes of time, so they put o‹ looking at the data until all the data are available. —is can o«en be a major mistake. Not only does simultaneous analysis save cycle time in completing a project, but it also allows the team to validate the usefulness of the data and o«en identify fallacies in some of the assumptions they have made. —is will allow the team to readjust the data collection plan before it is completely implemented.
