Question 550
During a project governance review on a predictive initiative, an AI-enabled lending platform claims its algorithm is accurate but has not documented jurisdiction-specific fairness reviews. What should the project manager do first to address the specific problem?
Explanation
Correct Answer
Map required fairness and explainability obligations into acceptance evidence before rollout. The intervention directly targets the cause described in the scenario rather than creating an unrelated process change. In this case, product performance does not replace compliance with applicable decision safeguards. The stated constraint is: An AI-enabled lending platform claims its algorithm is accurate but has not documented jurisdiction-specific fairness reviews. The chosen action is the most direct response under these conditions.
Incorrect Answers
Incorporate the changed training obligation and verify qualified access before risky tasks resume. This response addresses another situation in the same task area: A predictive construction project discovers new worker safety training requirements midway through excavation. There, regulatory compliance must be demonstrated at the point of exposure. For the current situation—An AI-enabled lending platform claims its algorithm is accurate but has not documented jurisdiction-specific fairness reviews—this option would leave the specific need unresolved: product performance does not replace compliance with applicable decision safeguards.
Reconcile the full regulated activity boundary and require complete environmental reporting. This response addresses another situation in the same task area: A city procurement program discovers that a contractor's emissions report omits subcontractor equipment. There, environmental claims require full boundary coverage, not a selective vendor summary. For the current situation—An AI-enabled lending platform claims its algorithm is accurate but has not documented jurisdiction-specific fairness reviews—this option would leave the specific need unresolved: product performance does not replace compliance with applicable decision safeguards.
Pause unconsented use and obtain a lawful approved basis for secondary processing. This response addresses another situation in the same task area: A pharmaceutical research project plans to use a consent form that predates the new data reuse purpose. There, an existing consent cannot automatically support a materially new purpose. For the current situation—An AI-enabled lending platform claims its algorithm is accurate but has not documented jurisdiction-specific fairness reviews—this option would leave the specific need unresolved: product performance does not replace compliance with applicable decision safeguards.