INFORMS CAP study materials
INFORMS CAP study resources

INFORMS CAP study plan

INFORMS CAP · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Business Problem Framing & Methodology

  • Draft a one-page problem-framing template that converts a vague stakeholder request into a decision statement, success metric, and constraint list

  • Practice reframing three short business scenarios into analytics problem types (descriptive, predictive, prescriptive) and justify each choice in writing

  • Map the CAP methodology domain into a personal checklist covering problem type, method selection, assumptions, and validation strategy

  • Compare at least four method families (regression, classification, optimization, simulation) on data requirements and interpretability trade-offs

Your checkpoint

A two-page framing-and-method cheat sheet with the template plus three completed scenario reframes

Week 2

Business Problem Framing & Methodology

  • Write decision statements for five practice cases and identify the stakeholder, decision cadence, and cost of a wrong call for each

  • Build a method-selection decision tree that routes a framed problem to a candidate technique with stated assumptions

  • Solve two small optimization and two small classification exercises by hand or in a spreadsheet to internalize mechanics

  • List the failure modes of each method family and the diagnostic you would run to detect each one

Your checkpoint

A method-selection decision tree plus a failure-mode table with at least eight entries

Week 3

Data

  • Inventory the data lifecycle from sourcing through retention and write the control you would put at each stage

  • Audit a public dataset for completeness, leakage risk, class imbalance, and sampling bias, documenting each finding

  • Draft a data-quality scorecard with concrete thresholds for missingness, duplication, timeliness, and drift

  • Write five questions you would ask a data owner before trusting a new source

Your checkpoint

A completed data audit of one public dataset with a filled-in quality scorecard and remediation notes

Week 4

Model Building

  • Split a dataset into train, validation, and test sets and document the split rationale and leakage checks

  • Train a baseline and two improved models, tracking metrics, hyperparameters, and random seeds in a run log

  • Write a validation plan that separates offline metrics from the business metric and states the acceptance threshold

  • Diagnose one deliberately overfit model and record the interventions that reduced the gap

Your checkpoint

A model development log covering three models with metrics, seeds, and a written validation plan

Week 5

Deployment

  • Design a deployment architecture diagram showing batch or real-time serving, feature pipeline, monitoring hooks, and rollback path

  • Define the pre-launch checklist covering performance, latency, security review, and stakeholder sign-off

  • Write a shadow-mode and canary rollout plan with explicit promotion and abort criteria

  • Specify the monitoring dashboard: inputs, outputs, drift signals, and alert thresholds

Your checkpoint

A deployment runbook of two to three pages including architecture diagram, rollout plan, and monitoring spec

Week 6

Model Management

  • Draft a model risk register listing at least six risks with likelihood, impact, owner, and mitigation

  • Write a retraining policy that states triggers, cadence, ownership, and validation gates before promotion

  • Design a versioning scheme for data, code, and models and document how to reproduce any past prediction

  • Outline a model retirement and decommissioning procedure including downstream dependency checks

Your checkpoint

A model management pack with risk register, retraining policy, and versioning standard

Week 7

Leadership

  • Write a one-page executive summary translating a technical result into a decision recommendation with quantified impact

  • Prepare a ten-minute stakeholder briefing and rehearse it aloud, timing yourself and cutting jargon

  • Build a RACI for a cross-functional analytics project spanning business, data engineering, and IT

  • Draft responses to three likely pushback questions about model uncertainty and cost

Your checkpoint

A recorded ten-minute briefing plus the one-page executive summary and RACI

Week 8

Professional Ethics & Business Problem Framing & Methodology

  • Apply an ethical decision framework to three scenarios covering privacy, fairness, and disclosure of limitations

  • Document how you would test a model for disparate impact and what you would do if the test failed

  • Review your weeks 1-7 deliverables and close the three weakest gaps with targeted practice

  • Complete two timed mixed-domain practice sets and log every missed concept with a corrective action

Your checkpoint

An ethics casebook of three analyzed scenarios plus a gap-closure log from the practice sets

Milestones

Week 2: You can take any short business scenario and produce a decision statement plus a justified method choice in under fifteen minutes without notes

Week 4: You have a reproducible model log where a reviewer could rerun your split, model, and metrics from the recorded seeds and parameters

Week 6: Your deployment runbook and management pack would survive review by an engineer who has never seen the project

Week 8: You score at least 80 percent on both timed mixed-domain practice sets and every missed concept has a logged corrective action