Scope: what we want to achieve by using a machine
learning process. Is it to retain customers or reduce the cost of
operation by automation.
Success Criteria: we have to define clear and measurable business, machine learning (statistical metric), and economic (KPI) success metrics.
Feasibility: we need to ensure data availability,
the applicability of ML application, legal constraints, robustness,
scalability, explainability, and resource demand.
Data Collection: gathering the data, versioning it for reproducibility, and ensuring a constant stream of real-life and generated data.
Data Quality Verification: ensuring the quality by maintaining data description, requirements, and verification.