7. AI Project Cycle
The AI Project Cycle is a structured methodology that guides the development of AI-based solutions through five key phases: Problem Scoping, Data Acquisition, Data Exploration, Modelling, and Evaluation. This cycle not only facilitates the systematic handling of tasks but also emphasizes collaboration and ethical considerations in AI application. Mastering these phases enables effective problem-solving in real-world contexts.
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What we have learnt
- The AI Project Cycle consists of five main stages: Problem Scoping, Data Acquisition, Data Exploration, Modelling, and Evaluation.
- Each phase is critical for the systematic development and successful implementation of AI projects.
- Understanding the user needs and data relevance is essential throughout the AI Project Cycle to achieve effective solutions.
Key Concepts
- -- AI Project Cycle
- A systematic approach to developing AI-based solutions involving five stages: Problem Scoping, Data Acquisition, Data Exploration, Modelling, and Evaluation.
- -- Problem Scoping
- The phase in which the problem to be solved is identified and defined, outlining goals and stakeholders.
- -- Data Acquisition
- The process of collecting relevant and quality data for solving the defined problem.
- -- Data Exploration
- Involves cleaning, analyzing, and visualizing data to understand patterns and its usability.
- -- Modelling
- The stage where an AI model is created and trained based on explored data.
- -- Evaluation
- The final assessment of the model's performance against defined metrics and success criteria.
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