What are the Best Practices for Model Building?

A best practice is a way or method of accomplishing a business function or process that is considered to be superior to all other known methods.

“Best practice” is sometime bestowed by a governing body (such as a professional association) or by published research results. In general, a method or program gains such status by being:

  1. Measurable. That means that its goals are clear and that progress toward them can be measured. An emergency department waiting reduction program would require that common measurements were captured for door to doctor, doctor to admit, doctor to discharge and patients that left without being seen.
  2. Notably successful. The method or program not only gains good results, but the results are aligned with the program goals.
  3. Replicable. The method or program is documented well enough so that it can be reproduced elsewhere.

Replication is usually an issue. Actually when each point of interest of a system is recorded, and its philosophical base is deliberately clarified, its rarely conceivable to recreate it precisely. Groups and populaces are diverse in size, character, society, and different ways, and the majority of that influences the operation of a project or the application of a method. Furthermore, a few projects function and also they do due to the individual abilities or character of the individuals who run them, a component that its regularly difficult to repeat.

The genuine test of replication, the extent that you’re concerned, ought to be whether you can replicate it – precisely, or adjusted to your needs – in your own particular circumstance. In the event that you would, it be able to’s replicable; in the event that you can’t, its not, paying little respect to what the exploration says. It could be said, the more versatile a project or practice is, the more replicable it is, and that may be the way to whether it will be received by others.

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