'Cross-industry standard process for data mining' or CRISP-DM is one of the most widely used schemes for data scientists to organize their work. We employ it to get the job done efficiently. Six major phases include:
Business Understanding: determine business objectives and plan;
Data Understanding: collect, describe, explore data;
Data Preparation: select and format data;
Modeling: create and assess model;
Evaluation: check results;
Deployment: decide, how to deploy, maintain and monitor the project