Potential Scenario Solution

The document outlines a potential solution for AI product development, detailing requirements across various stages including ideation, data management, research, and deployment. It identifies key roles needed on the AI product management team and highlights challenges such as data quality, natural language understanding, scalability, and user satisfaction, along with mitigation strategies for each. The document serves as a comprehensive guide for developing and managing AI products effectively.

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Potential Scenario Solution

Uploaded by

Pwint Shwe

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as DOCX, PDF, TXT or read online on Scribd

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Potential Scenario Solution

Instructions: Review this potential solution. Compare your analysis to this solution.

Part I: Analyze and document requirements. Map at least three requirements in each AI Product
Development Stage.

Product Requirements
Development
Stages
 Develop a problem statement and clear business case for the system
 Analyze and document how AI will support the system
 Identify key roles and responsibilities essential to success
 Assess the internal market—who will use the product, and what are their
Ideation and
expectations, Communicate the new system to potential users
Innovation
 Establish Key Performance Indicators (KPI)
Stage
 Identify specific AI models you will use, i.e. Machine Learning
Requirements
 Establish a cross-functional team. Address talent shortfalls
 Document the Product Vision and Value Proposition
 Perform a thorough cost-benefit analysis
 Gain approval for the product concept and business case
 Gather and validate all data requirements to build the product
 Work with Domain Experts to identify required expectations for system
Data responses
Management  Establish the data architecture. Acquire equipment
Requirements  Define the user experience and develop a Product Roadmap to include
data management infrastructure and activities required
 Identify safeguards to ensure data is clean, valid, secure, and accessible
 Implement the product incrementally. Develop a Release Plan
 Strive to achieve user-friendly design and functionality
Research and  Encourage innovation and experimentation to develop an optimal solution
Development  Work closely with the team to align technical and business objectives
Requirements  Identify and manage blockers
 Develop test plans to validate functionality user experience and solicit
feedback
 Work with all stakeholders to assess launch readiness
 Implement alpha and beta testing. Solicit feedback
Deployment  Ensure compliance and security before and post-launch
Requirements  Regularly update the system with new features and improvements and
address bugs
 Strive for continuous improvement and learning
Part II: Identify at least four roles required on the AI product management team. AI Product Manager is
an essential role.
AI Product Team Role Team Member Responsibilities
AI Product Manager Manage the end-to-end Product Management Lifecycle
Business Analyst Share business needs, use expectations, and use cases
Data Scientist Collect, clean, and process data. Choose appropriate AI models
Software Developer Build the backend infrastructure. Perform integration activities
User Experience (UX) Design user flow and chatbot interfaces and conduct useability testing
Content Specialist Create and organize content. Craft prompt responses
Project Manager Manage product development timelines, resources, and scope
Domain Experts Provide subject matter knowledge and query response guidance
DevOps Engineer Manage deployment and scaling, scalability, reliability, and updates

Part III: Identify at least four challenges or risks. Document your response to mitigate the challenges or
risks.

Challenge or Risk Mitigation Response

Data quality and  Limit insufficient, noisy, or incomplete data. Minimize bias or
quantity erroneous responses.
 Ensure data is updated on a real-time basis.
 Strive for responses that are accurate, brief, and concise.
Natural Language  Build and validate robust NLU models that accurately translate intent.
Understanding  Beta test the system with multiple users from various cultures to
(NLU) verify and solicit feedback.
 Build in human intervention capabilities if required.
Scalability and  Ensure the system is built to support current and future user
integration numbers.
 Ensure the system integrates with the current systems architecture.
Privacy and security  Build safeguards to avoid the release of sensitive data, privacy
violations, or information breaches.
 Develop a reporting system to identify and address issues as they
occur.
User satisfaction  Tailor responses to ensure users can apply the information to achieve
and adoption efficiencies.
 Provide education and training to increase adoption and overcome
resistance to change.
Maintenance and  Establish a schedule for periodic or real-time updates as information
Updates and conditions change.
Legal and regulatory  Ensure compliance with all data protection laws, accessibility
compliance guidelines, and industry standards.