MANAGING AI RISK: A COMPREHENSIVE APPROACH
Atmajitsinh Gohil · 2025
This article examines the critical field of Artificial Intelligence (AI) risk management in the context of rapidly evolving AI technologies.As organizations increasingly deploy AI systems across operations, the need for robust risk management frameworks has become paramount.This paper explores key components of AI risk management, including risk identification, assessment, mitigation strategies, and ongoing monitoring processes.We present a structured approach to AI governance that balances innovation with responsible deployment.The present paper also provides a detailed assessment of emerging best practices, regulatory considerations, and the role of cross-functional collaboration in effective AI risk management.The findings emphasize that proactive risk management is not merely a compliance exercise but a strategic imperative that enables sustainable AI adoption.