NIST AI Risk Management Framework Playbook

The NIST AI Risk Management Framework Playbook serves as a comprehensive guide for organizations seeking to develop and deploy trustworthy artificial intelligence. It organizes suggested actions into four primary functions: Govern, Map, Measure, and Manage. By establishing a strong risk-aware culture, organizations can better identify potential biases, legal liabilities, and societal impacts throughout an AI system's life cycle. The document emphasizes transparent documentation, diverse team oversight, and the importance of continuous monitoring to address performance drift or system failures. Ultimately, the playbook provides a voluntary yet structured approach to prioritizing risks, managing third-party dependencies, and ensuring safe decommissioning processes.