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Risk Identification & Assessment AI Governance Concept Cards

Browse every concept card currently tagged under Risk Identification & Assessment. Use this page to understand how this topic cluster appears across AI governance practice, then open individual concept cards for the details.

17 concept cards1 related domainsOpen full concept library
Risk & Assurancebeginner

AI Risk vs Traditional IT Risk

AI Risk refers to the unique challenges and uncertainties associated with artificial intelligence systems, which differ significantly from traditional IT risks. While traditional I...

5 min readOpen
Risk & Assuranceadvanced

Assessing Materiality of Bias Risks

Assessing Materiality of Bias Risks involves evaluating the significance of potential biases in AI systems and their impact on decision-making processes. This concept is crucial in...

5 min readOpen
Risk & Assuranceintermediate

Early Cross-Border Risk Indicators

Early Cross-Border Risk Indicators refer to metrics and signals that help identify potential risks associated with AI systems operating across different jurisdictions. In AI govern...

5 min readOpen
Risk & Assuranceintermediate

Early Risk Signals During Use Case Design

Early Risk Signals During Use Case Design refer to the proactive identification of potential risks associated with an AI application during its initial design phase. This concept i...

5 min readOpen
Risk & Assurancebeginner

Likelihood vs Impact (Risk Scoring Basics)

Likelihood vs Impact in AI governance refers to a risk assessment framework that evaluates potential risks based on two dimensions: the probability of an adverse event occurring (l...

5 min readOpen
Risk & Assuranceintermediate

Residual Risk Acceptance for High-Risk AI

Residual Risk Acceptance for High-Risk AI refers to the process of acknowledging and accepting the remaining risks associated with deploying AI systems after all feasible mitigatio...

5 min readOpen
Risk & Assuranceadvanced

Residual Risk Documentation and Sign-Off

Residual Risk Documentation and Sign-Off refers to the formal process of identifying, assessing, and documenting the remaining risks associated with an AI system after all mitigati...

5 min readOpen
Risk & Assurancebeginner

Residual Risk and Risk Acceptance

Residual risk refers to the remaining risk after all mitigation measures have been implemented in an AI system. Risk acceptance is the decision to accept this residual risk rather...

5 min readOpen
Risk & Assuranceintermediate

Risk Classification as a Governance Decision

Risk Classification as a Governance Decision involves categorizing AI systems based on their potential risks to individuals and society. This classification is critical in AI gover...

5 min readOpen
Risk & Assuranceintermediate

Risk Management Expectations for High-Risk AI

Risk Management Expectations for High-Risk AI refer to the structured processes and criteria that organizations must follow to identify, assess, and mitigate risks associated with...

5 min readOpen
Risk & Assurancebeginner

Risk Owners and Accountability in Risk Management

Risk owners are individuals or teams responsible for identifying, assessing, and mitigating risks associated with AI systems. Accountability in risk management ensures that these o...

5 min readOpen
Risk & Assuranceadvanced

Risk-Based Prioritisation in Compliance Programs

Risk-Based Prioritisation in Compliance Programs refers to the strategic approach of identifying, assessing, and prioritizing risks associated with AI technologies to ensure that c...

5 min readOpen
Risk & Assuranceadvanced

Risk-Based Selection of Governance Models

Risk-Based Selection of Governance Models refers to the process of choosing appropriate governance frameworks based on the specific risks associated with AI systems. This approach...

5 min readOpen
Risk & Assuranceintermediate

When a Use Case Should Be Stopped or Redesigned

The concept of when a use case should be stopped or redesigned refers to the critical evaluation of AI applications to determine if they pose unacceptable risks or ethical concerns...

5 min readOpen
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