The document describes the key phases of a data analytics lifecycle for big data projects:
1) Discovery - The team learns about the problem, data sources, and forms hypotheses.
2) Data Preparation - Data is extracted, transformed, and loaded into an analytic sandbox.
3) Model Planning - The team determines appropriate modeling techniques and variables.
4) Model Building - Models are developed using selected techniques and training/test data.
5) Communicate Results - The team analyzes outcomes, articulates findings to stakeholders.
6) Operationalization - Useful models are deployed in a production environment on a small scale.