Risk assessments identify potential threats and vulnerabilities in AI systems and support the development of mitigation strategies. According to the AAIA™ Study Guide, the main objective is not just identification of risks but to proactively design controls that minimize impact and ensure ethical and regulatory compliance.

“The output of an AI risk assessment should lead to actionable mitigation strategies, supporting the secure and responsible deployment of AI solutions across business processes.”

Options A, C, and D are components of governance and monitoring, but B addresses the core intent of risk assessments.