Prescriptive Analytics Project Ideation is about the art of transforming data into actionable optimal strategies. This course begins with an overview of prescriptive analytics, exploring key methods like optimization and simulations. You'll then delve into real-world applications across various industries, with applications in investing and staffing optimization. The course also includes a comprehensive sprint phase for problem identification and solutions mapping, culminating in a final project plan review and insights from industry experts.
Prescriptive Analytics Project Ideation
New year. Big goals. Bigger savings. Unlock a year of unlimited access to learning with Coursera Plus for $199. Save now.
Prescriptive Analytics Project Ideation
This course is part of Analytics Project Ideation Specialization
Instructor: Soumya Sen
Included with 
Gain insight into a topic and learn the fundamentals.
Beginner level
Recommended experience
11 hours to complete
3 weeks at 3 hours a week
Flexible schedule
Learn at your own pace
Skills you'll gain
- Data Analysis
- Business Process Improvement
- Strategic Prioritization
- Process Mapping
- Analytics
- Prioritization
- Business Operations
- Process Management
- Ideation
- Business Intelligence
- Solution Design
- Operational Analysis
- Data Science
- Process Improvement and Optimization
- Operations Management
- Process Improvement
- Process Analysis
- Operations Research
- Process Optimization
- Business Analytics
Details to know
Shareable certificate
Add to your LinkedIn profile
Recently updated!
January 2025
Assessments
8 assignments
Taught in English
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
This course is part of the Analytics Project Ideation Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
There are 5 modules in this course
What's included
1 video
This module introduces prescriptive analytics, covering key methods like optimization and simulations, and the essential features of optimization problems. It also explores practical applications of prescriptive analytics across various industries, including manufacturing, supply chain, marketing, finance, transportation, and logistics.
What's included
8 videos2 assignments
This module delves into optimization and simulations, starting with investment optimization through SCQ analysis and solution overview. It then covers staffing level optimization, including problem analysis and solutions. The module concludes with an introduction to discrete event simulations.
What's included
7 videos2 assignments
This module focuses on high-level needs identification, starting with understanding process maps, identifying business needs, and prioritizing them using PICK charts. It then moves to SCQ analysis for airline operations, introducing the situation, challenges, and key questions. Finally, it addresses breaking down problems into subproblems, identifying common themes, and constructing an issue tree.
What's included
9 videos2 assignments
This module begins with results mapping, focusing on aligning methods with key questions. It then moves to outcome sketches, where goals and constraints are identified. The module concludes with a final project plan review and insights from an industry expert on optimization in the airline industry.
What's included
6 videos2 assignments
Instructor
Offered by
Recommended if you're interested in Leadership and Management
Why people choose Coursera for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
New to Leadership and Management? Start here.
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy
Frequently asked questions
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.