Model risk management standards (SR 11-7) require that models used in risk decisions be validated by an independent party. In SAS Model Manager, which workflow element supports the independent validation requirement?
Select an answer to reveal the explanation.
Short Explanation and Infographic
Here's the deal — b is correct because SAS Model Manager supports role-based governance workflows where model development and model validation are performed by separate roles. The validator can review model documentation, performance metrics, and test results, then approve or reject models — implementing the SR 11-7 requirement for independent model validation.
Full explanation below image
Full Explanation
B is correct because SAS Model Manager supports role-based governance workflows where model development and model validation are performed by separate roles. The validator can review model documentation, performance metrics, and test results, then approve or reject models — implementing the SR 11-7 requirement for independent model validation. A is wrong; self-certification by the developer is not independent. C is wrong; automatic promotion without human review does not satisfy independence requirements. D is wrong; post-deployment monitoring is not the independent pre-deployment validation required by SR 11-7.