Model Risk Management Framework belongs to AI governance and compliance practice. Organizations apply it to document systems, assign accountability, satisfy regulations, and reduce harm from high-impact automated decisions.
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Model Risk Management Framework
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Model Risk Management Framework belongs to AI governance and compliance practice. Organizations apply it to document systems, assign accountability, satisfy regulations, and reduce harm from high-impact automated decisions.
Definition
Plain English explanation
Model Risk Management Framework guides responsible and compliant AI deployment.
Related glossary terms
Last reviewed
Sources
- NIST AI Risk Management Framework — risk vocabulary context for AI systems
- Brel Digital company and technology profiles — applied usage evidence where tagged
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