Production Costs

From The Foundation for Best Practices in Machine Learning

Production Costs

Control

Review and analyze the finalized POC budget to determine a realistic Product implementation budget. Review the Product Cost Analysis as discussed in Section 4 - Problem Mapping to ensure its continued accuracy and reformulate as necessary. The Product Team should effectively communicate to Stakeholders that the budget for implementation will likely be in-line or more expensive than the cost to get through POC.


Aim

To (a) ensure realistic expectations for a sufficient Product implementation budget are communicated; and (b) highlight associated risks that might occur in the Product Lifecycle.


Additional Information