end event
What It Means
An end event marks the final step or outcome that officially closes a business process or workflow. It represents the point where all activities in a process are complete and no further action is required within that specific process flow.
Why Chief AI Officers Care
End events are critical for AI system governance because they trigger data retention policies, model retraining cycles, and compliance reporting requirements. Without clearly defined end events, AI processes can run indefinitely, consuming resources and creating audit trail gaps that regulators scrutinize.
Real-World Example
In an AI-powered loan approval system, the end event occurs when the final decision is communicated to the customer and logged in the system - not when the AI model makes its recommendation, but when the complete process including human review and customer notification is finished.
Common Confusion
People often confuse end events with process milestones or intermediate outputs, thinking any significant step concludes the process. An end event specifically means the entire workflow is terminated, not just that one important task is done.
Industry-Specific Applications
See how this term applies to healthcare, finance, manufacturing, government, tech, and insurance.
Healthcare: In healthcare workflows, end events mark the completion of critical processes such as patient discharge, treatment proto...
Finance: In finance, end events mark the completion of critical processes like loan approvals, payment settlements, or regulatory...
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Includes:
- 6 industry-specific applications
- Relevant regulations by sector
- Real compliance scenarios
- Implementation guidance
Technical Definitions
NISTNational Institute of Standards and Technology
"An activity, task, or output that describes or defines the conclusion of a process."Source: IEEE_Guide_IPA
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