This document discusses setting up data science projects for success by focusing on the importance of data preparation. It notes that 76% of data scientists view data preparation as the least enjoyable part of their work. The document outlines various facets of data preparation, including collecting, understanding, cleaning, and reshaping data. It emphasizes that data quality is important and a shared responsibility across data engineering, data science, and business intelligence teams. It recommends creating a single source of truth for data through techniques like data dictionaries to define data for all teams.