DEFINITION
Stage 1 of the AI Lifecycle: the function identifies a candidate AI use case, defines the problem, specifies success criteria across the four ROAI quadrants, maps the candidate against the Risk Taxonomy 2026, and makes a committee-recorded decision to pursue or not. The Concept stage ends with a formal proceed-or-not decision; Concept-stage governance is conducted at the committee's regular cadence, not ad hoc.
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