Professional Documents
Culture Documents
LEVEL III Unit 2 AI Modelling
LEVEL III Unit 2 AI Modelling
UNIT II
AI Model Life Cycle
Generally, every AI project lifecycle
encompasses three main stages:
1. Project scoping,
2. Design or build phase, and,
3. Deployment in production.
Step 1:
Scoping (Requirements analysis)
✓ The first fundamental step when starting an AI
initiative is scoping and selecting the relevant
use case(s) that the AI model will be built to
address.
✓ There's a great phrase that characterizes this
project stage: garbage in, garbage out.
✓ This means if the data you collect is no good, you
won't be able to build an effective AI algorithm,
and your whole project will collapse
✓ In this phase, it's crucial to,
➢ Precisely define the strategic business objectives and
desired outcomes of the project,
➢ Select align all the different stakeholders'
expectations,
➢ Anticipate the key resources and steps, and
➢ Define the success metrics.