R I S K R E G I S T E R S TA R T E R AI Project Risk Register Starter A risk r e gist e r f or a n AI proj ec t lists wh a t c oul d go wrong, how lik e ly a n d s e rious eac h risk is, wh a t you ' ll d o ab out it a n d who owns it. S t a rt on e a t th e ki c ko ff m ee ting with your c onsulting firm a n d r e vi e w it a t e v e ry ph a s e dec ision point; th e st a rt e r risks be low giv e you a pl ace to be gin. How to Use It C opy th e r e gist e r, de l e t e risks th a t d on ' t a pply a n d add your own. Ra t e lik e lihoo d a n d imp ac t a s low, m ed ium or high. E v e ry risk n eed s a n own e r a n d a n e xt r e vi e w da t e ; a risk without a n own e r is just a worry. The Register # R isk L ik e lihoo d I mp ac t Re spons e O wn e r Re vi e w 1 S our ce da t a is l e ss c ompl e t e or acc ur a t e th a n e xp ec t ed Sa mpl e th e da t a in d is c ov e ry; a gr ee on how g a ps a r e fl a gg ed Da t a acce ss own e r 2 A n int e gr a tion t a k e s long e r or c osts mor e th a n pl a nn ed Ma p eac h syst e m ea rly; pri ce int e gr a tions s e p a r a t e ly F irm l ead 3 T h e syst e m pro d u ce s c onfi de nt b ut wrong outputs I n c lu de tri c ky a n d missing- da t a ca s e s in acce pt a n ce t e sts; hum a n r e vi e w f or a gr eed outputs W orkflow own e r 4 Acce ss is b ro ade r th a n th e work n eed s Na rrow p e rmissions; r e vi e w acce ss a t eac h ph a s e Da t a acce ss own e r 5 U s e rs d on ' t ad opt th e n e w workflow T r a in on th e de liv e r ed syst e m; tr ac k us a g e ; c oll ec t feedbac k Ad option own e r 6 I nt e rn a l st aff d on ' t h a v e tim e f or th e proj ec t A gr ee on hours up f ront; prot ec t th e m in t ea m pl a ns S ponsor 7 Sc op e grows d uring de liv e ry W ritt e n s c op e b oun da ry; f orm a l c h a ng e r e qu e sts W orkflow own e r 8 Ke y p e opl e on e ith e r si de bec om e un a v a il ab l e Na m e bac kups; k ee p dec isions a n d d o c um e nt a tion c urr e nt B oth l ead s 9 R unning c osts af t e r l a un c h e x ceed e xp ec t a tions E stim a t e us a g e a n d support c osts bef or e signing; r e vi e w monthly S ponsor 10 N o b o d y owns th e syst e m af t e r h a n d ov e r Na m e th e op e r a ting own e r bef or e b uil d st a rts; h a n d ov e r p ac k a s a de liv e r ab l e S ponsor # R isk L ik e lihoo d I mp ac t Re spons e O wn e r Re vi e w 11 A poli c y or r e gul a tory c h a ng e affec ts th e us e ca s e C h ec k rul e s a t ki c ko ff ; a gr ee on p a us e c on d itions W orkflow own e r 12 Se nsitiv e da t a is sh a r ed bef or e a gr ee m e nts a r e in pl ace S h a r e nothing c onfi de nti a l bef or e th e c ontr ac t a n d da t a a gr ee m e nt Da t a acce ss own e r Rating Guide Ra ting L ik e lihoo d I mp ac t L ow U nlik e ly d uring this proj ec t M inor de l a y or c ost, ea sily ab sor bed Med ium C oul d w e ll h a pp e n N oti ceab l e de l a y, c ost or r e work H igh E xp ec t ed unl e ss m a n a g ed T hr ea t e ns th e out c om e , b u d g e t or trust F o c us first on a nything r a t ed high f or e ith e r c olumn. Reviewing the Register A t eac h ph a s e dec ision point, go through th e r e gist e r with th e firm: 1. U p da t e r a tings ba s ed on wh a t you now know. 2. C los e risks th a t h a v e p a ss ed 3. Add n e w on e s th a t e m e rg ed 4. C h ec k eac h r e spons e is ac tu a lly h a pp e ning. A r e gist e r r e vi e w ed on ce a t ki c ko ff a n d n e v e r a g a in isn ' t d oing its jo b S hort, r e gul a r r e vi e ws k ee p surpris e s sm a ll. Pairing It With Other Documents T h e r e gist e r works be st a longsi de th e acce pt a n ce t e sts, th e gov e rn a n ce dec isions a n d th e stop c on d itions in your st a t e m e nt o f work. T og e th e r th e y giv e you a n hon e st pi c tur e o f wh e r e th e proj ec t st a n d s. F or b uy e r gui da n ce on c hoosing a n d working with AI c onsulting firms, s ee https:// be st a i c onsultingfirms. c om/. F r ee to us e a n d sh a r e P r e p a r ed a s b uy e r gui da n ce ; it d o e s not r a t e or r ec omm e n d a ny firm.