MCCM Glossary
Definitions AI engines can cite
The MCCM glossary defines AI, data analysis, and consulting terms in plain language.
AI audit
An AI audit is a short diagnostic that maps where AI can help, what data and process risks exist, and which pilot should run next.
AI pilot
An AI pilot is a time-boxed implementation that tests one AI workflow with a named owner, fixed scope, and one primary KPI, usually over …
Approved tools list
An approved tools list states which AI tools staff may use for work data, public text, or not at all.
Baseline
A baseline is the measured performance of the current process before the AI workflow starts.
Burn rate
Burn rate is the net cash the company spends per month.
Cycle time
Cycle time is the elapsed time from process start to a reviewed, usable output.
Data minimization
Data minimization means collecting and pasting only the personal data needed for a stated purpose, especially into AI tools.
Data pipeline
A data pipeline is the path data takes from source systems to a trusted report, model, or decision output.
Decision-ready
Decision-ready means an output is clear enough that an owner can act after one review without rebuilding the analysis.
Design partner
A design partner is an early customer who co-shapes the product with feedback and a real use case, often before full pricing.
Fundraising
Fundraising is the process of raising equity or other capital from investors, spanning narrative, metrics, materials, and process discipl…
Generative AI
Generative AI refers to models that create new content (text, code, images, and more) from prompts and available context.
Go/no-go
Go/no-go is the scheduled decision to keep, redesign, or stop a pilot based on a primary KPI.
Hours returned
Hours returned is the net working time recovered after AI drafting and human review, versus the baseline process.
Human review gate
A human review gate is a required person-and-checklist step before AI output is used externally or in a system of record.
KPI
A KPI (key performance indicator) is the primary metric that decides whether a pilot or process change worked.
Letter of intent
A letter of intent (LOI) is a non-binding or lightly binding signal that a buyer intends to pilot or purchase under stated conditions.
Machine learning
Machine learning refers to methods that learn patterns from data to classify, predict, or rank outcomes instead of encoding every rule by…
Misroute rate
Misroute rate is the share of items sent to the wrong queue or owner, including AI-assisted triage errors caught in review.
Predictive maintenance
Predictive maintenance uses sensor and operational data to forecast failures so teams can intervene before unplanned downtime.
Process owner
A process owner is the named person who can change the workflow and is accountable for the pilot KPI.
Prompt workflow
A prompt workflow is a repeatable sequence of prompts, checks, and handoffs that turns generative AI into a reviewed business process ins…
Redaction
Redaction is removing or masking personal or secret fields before data enters a prompt or model.
Retention
Retention is how long systems keep prompts, uploads, outputs, and logs, and who can delete them.
Reviewed output
Reviewed output is AI-assisted content that has passed the human review gate and is approved for its intended channel.
Runway
Runway is how many months the company can operate at the current burn before it needs new capital or revenue.
Shadow process
A shadow process is the old manual path that continues beside the new AI workflow and undermines the KPI.
Technical readiness
Technical readiness is how far the product or method is from reliable use in the buyer’s environment, stated in plain milestones.
Use of funds
Use of funds explains what the raised capital will buy and which milestones it should unlock.
Venture capital consulting
Venture capital consulting is advisory work on fundraising, valuation, narrative, and market positioning for startups and investors.