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Challenge 3: AI governance gap assessment (NIST AI RMF + ISO/IEC 42001)

Tool: none — it is a documentation artifact · Frameworks: NIST AI RMF 1.0 + ISO/IEC 42001 · Time: 4–6 h

What you will build

An executive gap assessment: you take an organization (real or fictional), evaluate its AI governance maturity against NIST AI RMF and ISO/IEC 42001, and deliver a report with findings, risks, and a roadmap. This is exactly what an AI security consultant or AI Security Specialist does in their first quarter.

Where to run this: in your text editor / document processor. No code or tools required. This challenge demonstrates your advisory and executive side — key for senior and consulting roles (Mandiant, MAPFRE, BBVA).

Why it matters for employment

Several JDs literally ask for "regulatory compliance (GDPR, LFPDPPP, EU AI Act, NIST AI RMF)," "AI governance and ethics," and "maturity assessments with leadership recommendations." This artifact is your direct proof. It also feeds the IAPP AIGP certification recommended by the plan.

Steps

  1. Choose a subject. A fictional company (e.g., "an insurer deploying a claims chatbot") or a real one with public information.
  2. Evaluate against the 4 NIST AI RMF functions: Govern, Map, Measure, Manage. For each one, rate maturity (Nonexistent / Initial / Defined / Managed).
  3. Cross-check with key ISO/IEC 42001 controls (AI policy, roles and responsibilities, AI risk management, lifecycle management, data management).
  4. Document gaps — where it fails and why it is a risk (regulatory, reputational, operational).
  5. Prioritize a roadmap (Now / 90 days / 12 months) with a suggested owner for each action.
Assessment table template (copy it)
NIST AI RMF FunctionControl / questionMaturity (0–3)Gap / riskRecommended actionTimeline
GovernIs there an AI policy approved by leadership?1No executive ownershipName AI owner + policyNow
MapAre AI systems and uses inventoried?0No inventoryCreate AI system register90 days
MeasureAre bias and robustness tested before production?1Ad-hoc testingDefine evaluation suite90 days
ManageIs there AI-specific incident response?0Does not existExtend IR playbook to AI12 months

The score is your documented professional judgment — the justification matters more than the number.

Quick map: regulation → NIST function it covers
Regulation / frameworkWhere it impacts
EU AI Act (risk classification)Govern + Map
GDPR / LFPDPPP (personal data)Map + Manage (see also Challenge 4)
NIST AI RMFall 4 functions
ISO/IEC 42001 (AIMS)Govern (management system)

📦 Deliverable

A document ai-governance-assessment.pdf (or repo with .md) with:

  1. Executive summary (1 page) — overall maturity level + top 3 risks.
  2. Full assessment table (template above).
  3. Prioritized roadmap with timelines and owners.
  4. One paragraph explaining "which regulations apply and why."

✅ Success criteria

  • Evaluated the 4 functions of the NIST AI RMF.
  • Referenced at least 3 ISO/IEC 42001 controls.
  • Every gap has risk + action + timeline + owner.
  • The executive summary is understandable by a board (no technical jargon).
No cost

NIST AI RMF is free and downloadable. ISO/IEC 42001 is paid, but for this challenge the public structure of the standard and official summaries are enough — you do not need to buy it to practice.


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