AI Engineering Management: Estimating Effort for AI Model Development

Initial Data Analysis (IDA) and Exploratory Data Analysis (EDA)

AI Engineering Management Series-Part 1: AI Engineering Management: Is There a Methodology for AI Model Development?

Link for non-members of this Part-2: https://mrmanna.medium.com/ai-engineering-management-estimating-effort-for-ai-model-development-9a6cc06721d5?sk=b2f5506c9a72d706736f57cf36b52254

In the evolving world of AI development, the ability to estimate efforts accurately is one of the most critical aspects of successful project management. AI projects often involve complex, iterative processes with uncertain timelines and unclear requirements, which can make planning and resourcing difficult. While there is no universal methodology for estimating AI project efforts, understanding how different stages of data analysis impact the timeline is crucial.

In our AI Engineering Management series, we’ve previously explored the absence of standardized methodologies for AI model development. The focus of this article (part-2) is on one of the foundational elements of AI development: data analysis. Specifically, we will explore how Initial Data Analysis (IDA) and Exploratory Data Analysis (EDA) differ, and how to estimate the effort required in these…