A model project consists
of the models, variables, reports, performance results, and other
resources that you use to determine a champion model. For example,
a banking project might include models, data, and reports that are
used to determine the champion model for a home equity scoring application.
The home equity scoring application predicts whether a bank customer
is an acceptable risk for granting a home equity loan.
You create projects
within folders. The models within a project are associated with a
version. A version is a time-based interval
that is used to organize the project and model information.