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Practical Governance for Enterprise AI

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Risk Assessment

Risk assessment in AI governance involves systematically identifying, analyzing, and evaluating potential harms, failures, and compliance issues that AI systems may cause across technical, operational, and business dimensions. For enterprises, structured risk assessment is essential for determining which AI applications require governance oversight, designing appropriate safeguards, and meeting regulatory requirements under frameworks like the EU AI Act and similar emerging standards. Regular risk assessments enable organizations to prioritize resources, prevent costly failures, and demonstrate due diligence to regulators, customers, and stakeholders.

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