Model Inventory & Governance

As organizations deploy more analytical and AI models, many lose visibility over what models exist, who owns them, and how risks are managed. Model Inventory & Governance provides executives and model owners with a practical framework to establish control, accountability, and oversight across the full model lifecycle. This book explains how to build and govern a centralized model inventory, create effective model catalogues, and produce standardized model cards that support transparency, auditability, and regulatory readiness. It bridges the gap between technical model development and enterprise risk management. Readers will learn: • How to design and maintain a complete model inventory • How to document models using practical model cards • How to assign clear ownership and accountability • How to integrate models into risk registers and control frameworks • How to support audits, compliance, and regulatory expectations • How to manage model changes, retirement, and lifecycle risk Written in a structured and practical tone, this book helps organizations move from fragmented model tracking to defensible, board-ready model governance.