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Data Governance Framework: A Data Governance Framework provides the structure and guidelines for managing data assets within an organization. It includes policies, procedures, and standards for data quality, security, privacy, and compliance, ensuring that data is used effectively and responsibly.
Model Governance Framework: Model governance refers to the framework for overseeing the development, deployment, validation, and usage of models within an organization. It includes policies for access, testing, version control, and monitoring for accuracy and bias, ensuring compliance with regulations and mitigating risks.