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Impact Assessment

nounid 4926·updated May 18, 2026
verified

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?

MWE

Classifications

Entity Type

Process85%llm-generatedllm:claude-haiku-4-5

Sensitivity

60%llm-generatedllm:claude-haiku-4-5

Information Class

65%llm-generatedllm:claude-haiku-4-5

Variants

plural
Impact Assessments
possessive
Impact Assessment's
pluralpossessive
Impact Assessments'

Framework definitions

Explainer: Impact Assessments for Artificial Intelligence1 senseview framework →
§1
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?
Glossary of Governance Terms1 senseview framework →
§1
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.

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