Unit of competency Outline

Date retreived
23/07/2026 11:16 PM AWST

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Develop big data strategy

Develop big data strategy

Unit of competency
National Code
BSBXBD501
State Code
OBO75
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
28/02/2020
View on TGA
State Implementation and Classification
Approved Date
14/05/2020
Field of Education
080301 - Business Management
Original Release Date
14/05/2020
Nominal Hours
55
Description
This unit describes the skills and knowledge required to develop a big data strategy that reflects the needs and capabilities of an organisation and supports its business goals. It involves applying business processes and information relating to policy issues and new and emerging technologies during strategy development.It applies to those who work in a broad range of industries and job roles who lead strategic approaches to big data analysis.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Establish business case for big data strategy
  • 1.1 Confirm organisational support for incorporating big data into overall business strategy
  • 1.2 Form multi-disciplinary team to steer development of big data strategy
  • 1.3 Identify and prioritise business needs that require big data solutions
  • 1.4 Map available data sources to identified business needs
  • 1.5 Determine financial value of applying big data solutions
2. Develop and review proof of concept for big data strategy
  • 2.1 Conduct trial using big data to solve prioritised business needs
  • 2.2 Compare proof-of-concept big data results to existing organisational data
  • 2.3 Identify risks and benefits of scale-up of big data solution across the organisation
  • 2.4 Document benefits and risks related to big data strategy
3. Draft and consult on big data strategy
  • 3.1 Scope big data strategy based on relevant policy issues and new and emerging technologies and platforms
  • 3.2 Draft big data strategy and its governance requirements in line with organisational requirements
  • 3.3 Seek and integrate feedback on draft strategy from key stakeholders
  • 3.4 Finalise draft strategy and distribute to required personnel
4. Develop big data road map supporting business strategy
  • 4.1 Draft big data road map that incorporates big data policy issues
  • 4.2 Seek and integrate feedback on draft road map according to organisational policies and procedures
  • 4.3 Distribute and store final version big data strategy according to organisational policies and procedures
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