Episode 21 — Build an AI Risk Program Charter: Scope, Objectives, and Success Measures (Domain 2)
Establishing a formal AI Risk Program Charter is a foundational step in Domain 2, providing the necessary authorization and structure for all subsequent risk management activities. This document serves as the formal "contract" between the risk team and executive leadership, explicitly defining the program's scope, high-level objectives, and the metrics by which its success will be measured. For the AAIR exam, candidates must understand that a charter prevents scope creep and ensures that the risk program has the institutional authority to intervene in high-risk AI projects. We examine how to define success through measurable Key Performance Indicators, such as the percentage of AI systems assessed before deployment or the reduction in unmanaged shadow AI instances. Best practices include involving stakeholders from legal, IT, and business units early in the drafting process to ensure the charter reflects a balanced view of organizational priorities. A well-crafted charter acts as a shield for the risk professional, providing a clear mandate to enforce compliance while aligning the program’s outcomes with the overarching strategic goals of the enterprise. Produced by BareMetalCyber.com, where you’ll find more cyber audio courses, books, and information to strengthen your educational path. Also, if you want to stay up to date with the latest news, visit DailyCyber.News for a newsletter you can use, and a daily podcast you can commute with.
