The AI lifecycle is an iterative, end-to-end process of planning, developing, deploying, monitoring, and retiring artificial intelligence systems. Unlike traditional software development, it is cyclical and heavily data-dependent because models can degrade when real-world conditions change. For student appearing for any exam, mastering these stages is essential for effective risk management, compliance with frameworks such as the NIST AI RMF, ISO 42001, and the EU AI Act, and responsible AI governance.
