A team is running a forecasting project and wants to use previous user data to better predict future outcomes. However, the team does not have access to all the data they need.
Which action should the project manager take?
A company plans to operationalize an AI solution. The project manager needs to ensure model performance is meeting selected thresholds before release.
What is an effective way to confirm these thresholds before this release?
During the evaluation of an AI solution, the project team notices an unexpected decline in model performance. The model was previously achieving high accuracy but has recently shown increased error rates.
Which action will identify the cause of the performance decline?
A government agency plans to increase personalization of their AI public services platform. The agency is concerned that the personal information may be hacked.
Which action should occur to achieve the agency’s goals?
A capital markets firm is exploring the use of AI to enhance its trading algorithms. The firm expects the AI solution will increase trading accuracy and profitability. The project manager needs to create a business case to justify the AI investment.
Which method will provide results that meet the firm's goals and objectives?
A telecommunications company's AI project team is operationalizing a predictive maintenance model for network equipment. They need to meticulously manage the model's configuration to avoid potential failures.
Which method will help the model configuration remain consistent and avoid drift?
A manufacturing firm is planning to implement a network of intelligent machines to increase efficiency on the assembly line. The machines are equipped with advanced AI capabilities including precision assembly, quality control for predictive maintenance, and real-time data analysis. The intelligent machines should enhance operational efficiency, reduce downtime, and improve product quality. There needs to be seamless communication between the machines and existing systems, compliance with industry regulations, and a managed transition for the workforce.
What is a beneficial outcome of using intelligent machines in this environment?
An aerospace company is integrating AI into their manufacturing process to enhance safety and efficiency. The project team needs to evaluate potential security threats to prevent unauthorized access to sensitive data.
What is the highest risk?
In an aerospace manufacturing project, engineers are preparing data to train an AI system for predictive maintenance. They need to transform the data from multiple sensors and ensure it is consistent and accurate before building the model.
What should the project manager do to handle the inconsistencies?
A project manager is preparing for an AI model evaluation. The model has shown an overall 70% accuracy rate, but the project key performance indicators (KPIs) require at least 89% accuracy.
Which issue related to accuracy reduction should the project manager investigate first?