1 00:00:02,060 --> 00:00:07,670 Navigating the complexities of AI projects demands a clear understanding of their scope and associated 2 00:00:07,670 --> 00:00:08,450 risks. 3 00:00:08,780 --> 00:00:14,600 In this section, you will learn how to identify key objectives when scoping AI projects, ensuring 4 00:00:14,630 --> 00:00:18,380 alignment with organizational goals and stakeholder expectations. 5 00:00:19,460 --> 00:00:25,790 Recognizing and mapping both internal and external threats is critical for robust AI risk management. 6 00:00:26,300 --> 00:00:32,090 You will explore methodologies for identifying these risks, including potential biases, compliance 7 00:00:32,090 --> 00:00:34,220 issues, and security threats. 8 00:00:35,180 --> 00:00:41,090 Developing effective risk mitigation strategies is essential to minimize potential adverse outcomes. 9 00:00:41,540 --> 00:00:47,450 This section will guide you through creating comprehensive risk mitigation plans tailored to AI projects, 10 00:00:47,450 --> 00:00:50,810 emphasizing proactive measures and contingency planning. 11 00:00:51,230 --> 00:00:57,590 Constructing a harms matrix for AI risk assessment is another crucial skill you will acquire, facilitating 12 00:00:57,590 --> 00:01:01,340 the evaluation of diverse risk factors and their potential impact. 13 00:01:03,140 --> 00:01:09,020 Conducting algorithm impact assessments allows for a deeper understanding of how AI models affect various 14 00:01:09,020 --> 00:01:09,980 stakeholders. 15 00:01:10,580 --> 00:01:14,930 You will engage with techniques to assess and document these impacts systematically. 16 00:01:15,530 --> 00:01:21,620 Engaging stakeholders in AI risk management is paramount for transparent and inclusive decision making 17 00:01:21,620 --> 00:01:22,370 processes. 18 00:01:22,400 --> 00:01:27,500 This section will provide strategies for effective stakeholder communication and involvement. 19 00:01:28,790 --> 00:01:34,550 Data provenance, lineage, and accuracy are foundational to the integrity of AI systems. 20 00:01:34,580 --> 00:01:40,730 You will delve into best practices for tracking data origins, ensuring data quality, and maintaining 21 00:01:40,760 --> 00:01:43,400 transparency throughout the data lifecycle. 22 00:01:43,850 --> 00:01:48,890 By the end of this section, you will be equipped with the knowledge and tools to manage AI projects 23 00:01:48,890 --> 00:01:54,320 effectively, mitigate risks, and ensure ethical and responsible AI deployment.