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Lifecycle Management
Lifecycle management in AI governance refers to the systematic oversight of artificial intelligence systems from initial design and development through deployment, monitoring, and eventual retirement or replacement. This encompasses version control, model updates, data refresh cycles, and documentation of changes to ensure AI systems remain accurate, compliant, and aligned with organizational policies over time. Effective lifecycle management is critical for enterprises to maintain audit trails, manage technical debt, mitigate drift in model performance, and demonstrate accountability to regulators and stakeholders throughout an AI system's operational period.
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