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PMS 3X

3X PMS is a Perfomance Measurmenet System project created by 6 students completing their Masters in Data Science at the Bologna Business School

  • The topic for 3X PMS is Cost driver detection and prediction.
  • The main business problem that is being solved here is how can we predict the Total cost helping the customer to determine whether he should accept the proposition from a client or not

The project members are

  • Mohammed Topiwalla
  • Sanchita Kumari
  • Luca Pedretti
  • Vallerio Trotta
  • Marco Lantermo
  • Guilia Capestro
  • Powerpoint for the project is here
  • Regression output for the project is here

PMS Analysis

Note: 3X PMS project uses only R 3.4.X and Tableau 10.X and above for analysis and prediction

Installation

install.packages("shinydashboard")
install.packages("Boruta")
install.packages("data.table")
install.packages("ggplot2")

Approach to solve the problem

  • Understanding the data, the tableau result is here
  • Cleaning and preparing the data
    • Some of the cleaning was first done manually in excel - for instance removing rows with negative numbers
    • The pending cleaning was done in R. The code is here
    • Note: The code that loads all libraries is here
  • Next step was to find the cost drivers, for which multiple techniques were used
    • Boruta (Random forest featue selection technique). The reults of boruta are here
    • To find the most imporatnt cost drivers we ran a few regressions. The code sits here. The results are here
    • Finally after running few other regressions, we understood our cost driver. The output is here
  • Once we undertsood the cost drivers the next task was to be able to predict the total cost based on a few entered parameters.
    • upload the data from here
    • Enter the parameters you like and change them dynamically to see the reults change.
    • The code for Rshiny is here

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