AI Strategy Frameworks CAIPM Practice Questions (Page 9)

Questions 41–42

1. 41application · medium

   An insurance company applies an AI strategy framework to its claims processing use case. The framework requires a 'value realization plan' that defines how the AI model's performance will be measured after deployment. The team proposes measuring model accuracy only. What is the most appropriate adjustment?

   • AKeep accuracy as the only metric because it is the standard measure for AI models.
   • BDefer defining metrics until after the model is deployed.
   • CReplace accuracy with a single composite business metric to simplify reporting.
   • DAdd business-oriented metrics such as claims processing time, cost per claim, and customer satisfaction.
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2. 42application · medium

   A retail company applies an AI strategy framework to structure its use case portfolio. The framework includes a scoring model that weights strategic alignment, feasibility, and risk. The team evaluates two use cases: one with high strategic alignment but medium feasibility, and another with medium alignment but high feasibility. The framework's scoring model produces a tie. What should the program manager do to break the tie?

   • ASelect the use case with higher feasibility to ensure faster delivery and lower risk.
   • BRe-evaluate the scoring weights with stakeholders to reflect current organizational priorities.
   • CRun both use cases in parallel without further analysis to avoid delaying the program.
   • DSelect the use case with higher strategic alignment because strategy is the primary driver.
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