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NIST AI RMF: AI Governance & Risk Management Training
Rating: 4.4 out of 5(12 ratings)
72 students

NIST AI RMF: AI Governance & Risk Management Training

NIST AI RMF: GOVERN, MAP, MEASURE & MANAGE : AI Risk & Governance Training
Created byVarinder K
Last updated 3/2026
English

What you'll learn

  • Explain what a Risk Management Framework is and why AI systems require a dedicated framework separate from traditional IT risk approaches
  • Describe the purpose, structure, and key principles of the NIST AI Risk Management Framework (AI RMF) and how it supports trustworthy AI development
  • Identify the types of risks and harms that can arise from AI system deployment including bias, opacity, fairness failures, and unintended consequences
  • Understand risk tolerance in the context of AI systems and how organizations set acceptable risk thresholds for AI use cases
  • Apply risk prioritization techniques to determine which AI risks require immediate attention versus ongoing monitoring
  • Explain the relationship between all 4 core functions : GOVERN, MAP, MEASURE, and MANAGE - and how they work together as an integrated framework
  • Walk through all 6 sub-categories of the GOVERN function — covering AI governance policies, organizational accountability, culture, and oversight structures
  • Apply the MAP function across all 5 sub-categories to categorize AI system context, identify stakeholder impacts, and define risk categories for specific use ca
  • Use the MEASURE function across all 4 sub-categories to evaluate AI system trustworthiness characteristics — including fairness, explainability, robustness, and
  • Implement the MANAGE function across all 4 sub-categories to respond to identified AI risks, handle residual risk, and build incident response into AI operation
  • Analyze a real-world case study of the GOVERN function applied to AI driven recruitment system identifying governance failures and correct framework application
  • Examine AI use in hiring processes as a high-risk AI deployment scenario and understand what risk controls and governance structures are required
  • Understand NIST's broader efforts toward safe, secure, and trustworthy AI and how AI RMF connects to emerging regulations including the EU AI Act & ISO 42001
  • Recognize the unique risk management challenges posed by AI systems including model drift, algorithmic bias, lack of explainability
  • Synthesize all framework functions into a complete organizational AI risk management approach applicable to AI development, procurement, and deployment decision

Course content

7 sections38 lectures3h 11m total length
  • What is Risk management Framework3:15
  • Introduction to NIST’s AI Risk Management Framework6:28
  • Key Principles of NIST’s AI Risk Management Framework5:52
  • NIST’s Efforts Towards Building safe and secure AI6:40

Requirements

  • No prior knowledge of NIST or the AI Risk Management Framework required as course begins from absolute basics
  • Basic awareness of AI or machine learning concepts is helpful but not mandatory key terms are explained throughout
  • Suitable for both technical roles (data scientists, ML engineers, IT security) and non-technical roles (governance, legal, policy, risk management)

Description

Foundations of AI Risk Management

  • What a Risk Management Framework is and why AI systems need one

  • Introduction to NIST's AI RMF — its purpose, structure, and key principles

  • NIST's broader efforts toward building safe, secure, and trustworthy AI

  • Types of risks and harms that arise from AI system deployment

AI RMF Core Concepts

  • Understanding risk tolerance in the context of AI systems

  • Key risk management challenges unique to AI — bias, opacity, drift, and scale

  • How to prioritize AI risks effectively across an organization

  • How the NIST AI RMF enables effective, structured risk management

GOVERN Function (6 Sub-categories)

  • What the GOVERN function covers and why it comes first

  • GOVERN 1 through GOVERN 6 — policies, accountability, culture, and oversight

  • Case Study: Implementing GOVERN in a real AI-driven recruitment system

  • How Governance connects to and enables MAP, MEASURE, and MANAGE

MAP Function (5 Sub-categories)

  • What the MAP function does — categorizing AI risks in context

  • MAP 1 through MAP 5 — identifying AI system context, impacts, and risk categories

  • How to map risks to specific AI use cases in your organization

MEASURE Function (4 Sub-categories)

  • What the MEASURE function covers — quantifying and analyzing AI risks

  • MEASURE 1 through MEASURE 4 — metrics, evaluation, and AI system testing

  • How to assess trustworthiness characteristics: fairness, explainability, robustness

MANAGE Function (4 Sub-categories)

  • What the MANAGE function covers — responding to and treating AI risks

  • MANAGE 1 through MANAGE 4 — risk response, residual risk, and incident handling

  • How to build ongoing risk management into your AI development lifecycle

Real-World Application

  • AI in hiring processes — risks, governance failures, and framework application

  • Key concepts synthesis — connecting all 4 functions into a complete picture

  • Best practices for organizations at any stage of AI adoption

Course Structure at a Glance

Section 1 — Risk Management Basics & NIST AI RMF Introduction

Section 2 — Foundational AI Risk Concepts: Tolerance, Prioritization & Challenges

Section 3 — GOVERN Function: All 6 sub-categories + Recruitment Case Study

Section 4 — MAP Function: All 5 sub-categories

Section 5 — MEASURE Function: All 4 sub-categories

Section 6 — MANAGE Function: All 4 sub-categories

Section 7 — Real-World Examples, Knowledge Check Quiz & Conclusion

Why This Matters Right Now

  • The EU AI Act is now in force wherein organizations need AI governance frameworks immediately

  • NIST AI RMF is the most widely referenced AI risk standard in the US and globally

  • Companies deploying AI in hiring, lending, healthcare, and public services face growing regulatory scrutiny

  • Demand for professionals with AI governance and risk management skills is growing faster than supply

  • The NIST AI RMF directly informs ISO 42001 the new AI management system standard

Who this course is for:

  • AI Governance & Compliance Officers
  • Data Scientists & ML Engineers
  • CISOs & IT Managers
  • Project Managers
  • Policy & Legal Professionals