Impact Assessment
nounverified·updated Aug 28, 2026
a risk management tool that seeks to ensure an organization has sufficiently considered a system's relative benefits and costs before implementation. In the context of AI, an impact assessment helps to answer a simple question: alongside this system’s intended use, for whom could it fail?
MWEExplainer: Impact Assessments for Artificial Intelligence
Senses
Glossary of Governance Terms
An evaluation process designed to identify, understand, document and mitigate the potential ethical, legal, economic and societal implications of an AI system in a specific use case.
Classifications
Entity Type
Process85%llm-generatedllm:claude-haiku-4-5
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Sensitivity
—60%llm-generatedllm:claude-haiku-4-5
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Information Class
—65%llm-generatedllm:claude-haiku-4-5
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Variants
- plural
- Impact Assessments
- possessive
- Impact Assessment's
- pluralpossessive
- Impact Assessments'