MOOC student end, of course, final project (WBGx DBL01x)

1. Data for Better Lives: A New Social
Contract (WBGx DBL01x)
Use of data for development purposes in Project
Management in Nigeria
Data can have a significant impact on the outcomes of a project. It's critical for
project managers to not just look at data but to be able to analyze it so that their
customers achieve the results they seek. Increasingly, project managers in
Nigeria are realizing the significance of data and how it can be used to generate
value for their organizations, but many are unsure how to transform it into
economic value. How can project managers in Nigeria make the most of data to
their advantage?
Project Risks Assessment
Executives and project managers may use data analytics to better detect, rank,
and prioritize risks associated with their projects by integrating them into the
project management process. Project managers in Nigeria have to be trained on
the use of data to perform project risk management on projects. If the project
manager is not proficient in data analytic, the services of a data analytic advisor
should be employed to assist the project on the use of data analytic to perform
risk management on projects in Nigeria.
Measuring Project Success
Until recently, the only way to gauge a company's performance was via sales or
the information provided voluntarily by customers, such as surveys or reviews.
Data mining has made it possible for companies to learn more about their
consumers than ever before. In order to find patterns in enormous amounts of
data, project managers might use this method. To achieve their goals, project
managers need to look for beneficial patterns. Because the more educated your
judgments are, there is less room for error in your initiatives. Any product's
success depends on its ability to collect and analyze data, and this is the fuel that
powers business choices. Data relevance is critical to making sound business
choices. To gauge the performance of a project in Nigeria, project managers
need to be able to view the broad picture and utilize data to do so.

2. Forecasting the Milestone Dates and Project Completion Date
When it comes to budget, timeline, and quality, project managers may utilize
data analytics to keep an eye out for early warning flags. Project managers in
Nigeria can use data to forecast the completion of activities by gauging the pace
of work. Project Managers may talk to their team to find out whether anything
is preventing their development or if it has slowed down for other reasons when
particular activities are taking a long time. It is possible to enhance resources
and anticipate income and expenditures by using insightful analytics.
It is impossible for data to do the task on its own. As a project manager, you
should be able to utilize all the data you gather to your advantage. A project's
chances of success are nil if you get irrelevant or incomplete data or can't put it
to use. The utilization of data in Nigeria's project management operations is
consequently essential for project managers.
How can the Nigerian Government Support a Culture of Data
Enactment of Laws: The Nigerian government should pass regulations requiring
project managers and their teams to utilize data in Nigerian project
management activities.
Creating a Ministry /Department of Project Management: Project
management in the nation should be overseen by a government ministry or
agency that has the authority to penalize project managers who refuse to utilize
data in project management.
Appointment of Qualified Leaders: Ministers responsible for project
management should be selected by the Nigerian government to head the
ministry. In addition, the government should guarantee that only skilled project
managers are employed in capital project management. The use of data
analytics as a project management tool may be readily enforced if competent
project managers are required to oversee projects in the nation.