AI Governance Glossary

A reference for risk, compliance, and model teams navigating AI governance and model risk management.

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20 terms in Management System Governance

A

AI Governance Committee

AI Management System

Annex A Controls

C

Continual Improvement

D

Documented Information

E

Enterprise-Wide Model Risk Framework

G

Govern Function

I

ISO/IEC 22989 (Concepts and Terminology)

ISO/IEC 38507 (Governance Implications)

L

Leadership Commitment

M

Manage Function

Management Review

Model Risk Management Framework

N

Nonconformity Management

P

Plan-Do-Check-Act (PDCA)

Q

Quality Management System

S

Statement of Applicability Documentation