---
title: Risk assessment project in AI Risk and Compliance
description: You can perform assessments on multiple risks and controls simultaneously by creating a risk assessment project for an AI asset. This feature enables assessors to review multiple risks to understand their potential impact, likelihood, and associated mitigation strategies.
locale: en-US
canonical_url: https://www.servicenow.com/docs/r/australia/governance-risk-compliance/ai-risk-management/risk-assessment-project-airc.html
release: australia
product: AI Risk Management
classification: ai-risk-management
topic_type: concept
last_updated: "2026-09-10"
reading_time_minutes: 3
keywords: [risk assessment project, RCSA, bulk risk assessment]
breadcrumb: [Explore, AI Risk and Compliance, Governance, Risk, and Compliance]
---

# Risk assessment project in AI Risk and Compliance

You can perform assessments on multiple risks and controls simultaneously by creating a risk assessment project for an AI asset. This feature enables assessors to review multiple risks to understand their potential impact, likelihood, and associated mitigation strategies.

## Overview of a risk assessment project

A Risk assessment project is a structured process designed to assess multiple AI asset risks and controls simultaneously, particularly within workshop-based RCSA \(Risk and Control Self-Assessment\) environments. It replaces manual data entry and fragmented workflows by enabling efficient data collection, collaborative input from stakeholders, and automated reporting. A Risk assessment project simplifies coordination, speeds up processes, and improves data accuracy by providing a unified workspace for evaluating risks collectively and reliably.

## Benefits of a risk assessment project

The following are the key benefits of a risk assessment project:

-   Simplifies the RCSA process by enabling multiple risks and controls to be assessed at the same time, which saves time on manual data collection.
-   Reduces the chances of errors and inconsistencies by using automated error handling and providing comprehensive error summaries before finalizing assessments.
-   Reduces unnecessary back-and-forth interactions among stakeholders by involving all required participants in the assessment project.
-   Enables navigation between different stages of risk assessments and access multiple risks and controls simultaneously, without switching screens.
-   Provides detailed summary reports on the assessment results.
-   Simplifies the process of signing off on all the risks together within the project.
-   Enables access to reference information related to each risk in the sidebar panel.

## Personas involved

The following personas are involved with the risk assessment project:

-   **Project owner**

    The project Owner creates and manages the risk assessment project. It includes setting up the project context, identifying relevant stakeholders, and defining the scope of risks that must be assessed.

-   **Assessor**

    The project assessor performs assessment on multiple risks and controls within the risk assessment project. They analyze each risk, evaluate the effectiveness of existing controls, and create risk response strategies.

-   **Approver**

    The Project Approver reviews the completed risk assessments and provides the final sign-off on the project. They ensure that all scoped risks have been assessed and either approve or reject the risk assessment.


## Roles required

The following roles are required for a risk assessment project:

-   Risk assessment project reader \[sn\_risk\_advanced.risk\_asmt\_project\_reader\]: Provides read-only access to the risk assessment projects.
-   Risk assessment project user \[sn\_risk\_advanced.risk\_asmt\_project\_user\]: Provides the ability to create risk assessment projects and update or delete only the projects created by the user.
-   Risk assessment project manager \[sn\_risk\_advanced.risk\_asmt\_project\_manager\]: Provides the ability to create, update, and delete any risk assessment projects.

**Note:** You must assign these roles manually to users to get the appropriate permissions for managing risk assessment projects.

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