Step 1: Choosing One Model or Several Identify an analysis for which your company uses or would like to use modeling from several domains and identify whether a combined model or separate models makes sense.

Step 2: Challenges of Model Implementation What is a challenge in implementing your chosen approach?

Step 3: Advantages of Modeling Strategy What is an advantage of your chosen approach and its impact on the organization?

Step 4: Disadvantages of Modeling Strategy Identify a disadvantage of your chosen approach and the impact on the organization.

Step 5: Qualities of Great Models How well do you believe your approach satisfies the Qualities of Great Models that we have built so far? Describe how you will rate your model in terms of the qualities. Then, for each of the 14 Qualities of Great Models, rate the model(s) on high, medium, low achievement of each. Also, specify how the model(s) helps either satisfy or not satisfy those qualities. (Refer to Week 3 Takeaways for the 14 Qualities of Great Models; there are four additional ones added this week.)