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Resources/Glossary

Glossary

Plain definitions of the terms that come up when a company governs, measures and pays for AI.

A

  • AI audit trailA chronological record of the events, versions, decisions, approvals, and human actions needed to reconstruct how an AI system was used and governed.
  • AI business caseEvidence used to decide whether an AI initiative should be funded, tested, expanded, redesigned, or stopped.
  • AI cost optimizationThe practice of controlling the total cost of an AI system while preserving required quality, speed, reliability, and business outcomes.
  • AI governanceThe system of roles, policies, decision rights, controls, and evidence used to direct and oversee AI throughout its lifecycle.
  • AI measurement frameworkA structured method for deciding what to measure, where AI evidence comes from, and how an organization will judge an AI initiative.

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