An effective MVG framework isn’t a single document; it’s an integrated system resting on four critical pillars. Neglect any one, and the structure collapses.
- Policy Pillar: The “What” and “Why” — Setting the Rules of the Road
- Purpose: Defines the organization’s binding commitments, standards, and expectations for responsible AI development, deployment, and use.
- Core Components:
- Risk Classification Schema: A clear system for categorizing AI applications based on potential impact (e.g., High-Risk: Hiring, Credit Scoring, Critical Infrastructure; Medium-Risk: Internal Process Automation; Low-Risk: Basic Chatbots). This dictates the level of governance scrutiny. (e.g., Align with NIST AI RMF or EU AI Act categories).
- Core Mandatory Requirements: Specific, non-negotiable obligations applicable to all AI projects. Examples:
- Human Oversight: Define acceptable levels of human-in-the-loop, on-the-loop, or review for different risk classes.
- Fairness & Bias Mitigation: Requirements for impact assessments, testing metrics (e.g., demographic parity difference, equal opportunity difference), and mitigation steps.
- Transparency & Explainability: Minimum standards for model documentation (e.g., datasheets, model cards), user notifications, and explainability techniques required based on risk.
- Robustness, Safety & Security: Requirements for adversarial testing, accuracy thresholds, drift monitoring, and secure
Read More: From Principles to Playbook: Build an AI-Governance Framework in 30 Days
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