Module 5 of 12

AI Governance & Risk Management

📚6 Parts
🕐12-14 Hours
🎯Intermediate
📝30 Quiz Questions

Design and implement comprehensive AI governance frameworks. Master the NIST AI RMF, ISO 42001, risk taxonomies, policy development, oversight structures, and impact assessments for responsible AI deployment.

5
Module Progress
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Learning Objectives

By the end of this module, you will be able to:

🛠

Design AI governance frameworks aligned with NIST AI RMF, ISO 42001, and Singapore Model Framework

Categorize AI risks using comprehensive taxonomy covering technical, operational, legal, and systemic dimensions

📈

Conduct AI risk assessments including identification, likelihood estimation, impact analysis, and treatment planning

📜

Develop AI policies including acceptable use, procurement standards, and development guidelines

🏢

Establish AI oversight structures including board committees, ethics boards, and AI Centers of Excellence

🔍

Conduct AI impact assessments covering human rights, algorithmic, social, and environmental dimensions

Module Parts

Complete each part sequentially to build comprehensive governance expertise

5.1

AI Governance Frameworks

2.5-3 hours

Compare and implement leading AI governance frameworks including NIST AI RMF, ISO 42001, and Singapore Model Framework.

NIST AI RMF ISO 42001 Singapore Framework
5.2

AI Risk Taxonomy

2-2.5 hours

Understand comprehensive AI risk categories: technical, operational, legal, reputational, and systemic risks.

Technical Risks Operational Risks Systemic Risks
5.3

AI Risk Assessment Methodology

2-2.5 hours

Apply structured risk assessment methods: identification, likelihood estimation, impact analysis, and treatment options.

Risk Identification Impact Analysis Treatment Options
5.4

AI Policies & Procedures

2-2.5 hours

Develop AI policies: acceptable use, procurement standards, development guidelines, and operational procedures.

Acceptable Use Procurement Development Standards
5.5

AI Oversight Structures

2-2.5 hours

Establish oversight mechanisms: board committees, ethics boards, AI Centers of Excellence, and defined roles.

Board Oversight Ethics Boards AI CoE
5.6

AI Impact Assessments

2-2.5 hours

Conduct comprehensive impact assessments: human rights, algorithmic, social, and environmental dimensions.

Human Rights Algorithmic Impact Social Impact
📝

Module 5 Assessment

30 Questions | 40 Minutes | 75% Pass Mark

Take Module Quiz →