INFORMS CAP study plan
INFORMS CAP · Give each week a clear focus.
8 weeks · About 7 hours per week
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
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
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
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
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
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
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
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