Value Risk
The risk that the product being developed will not deliver sufficient value to the users, meaning it won't meet their needs or solve their problems.
The risk that the product being developed will not deliver sufficient value to the users, meaning it won't meet their needs or solve their problems.
A concept in behavioral economics that describes how future benefits are perceived as less valuable than immediate ones.
Artificially generated data that mimics real data, used for training machine learning models.
Numeronym for the word "Interoperability" (I + 14 letters + Y), the ability of different systems, devices, or applications to work together and exchange information effectively without compatibility issues.
A recommendation system technique that suggests items similar to those a user has shown interest in, based on item features.
A cognitive bias where people give greater weight to outcomes that are certain compared to those that are merely probable.
A psychological phenomenon where individuals are perceived as more likable if they make a mistake, provided they are generally competent.
The process by which a measure or metric comes to replace the underlying objective it is intended to represent, leading to distorted decision-making.
Plan, Do, Check, and Act (PDCA) is a four-step management method used for continuous improvement of processes and products.