Mitigate business intelligence project risks with rule-based audits and proofs-of-concept

Analytical applications such as those found in business intelligence (BI) and warehouse-centric projects often lack clear definitions of source data and comprehensive application specifications. This creates a significant amount of project risk. Successfully implemented BI and data warehouse projects have one thing in common: explicit consideration of risk. To address BI project risk, this white paper by HandsOn-BI LLC recommends an approach using as a guide the seminal work of Barry Boehm and his process model, the Spiral Approach.

This approach fosters the development of specifications that are not necessarily uniform, exhaustive or formal; incorporates prototyping as a natural part of risk reduction, and encourages re-work in the early development stages as better alternatives are discovered. The Spiral Approach is the only process model that is risk-driven. All other process models and software development methods are document-driven.

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