.xlsx ✓ Professional Edition Updated Q2 2026

AI Risk Register

A 12-tab Excel risk register with automated risk scoring, KRI monitoring, control effectiveness assessment, incident logging, AI system inventory, residual risk acceptance, and a summary dashboard. Includes conditional formatting, dropdown validations, formula-driven severity calculations, and pre-populated lookup lists. Built for organizations tracking AI risks across the full lifecycle.

Tabs

500

Risk Capacity

Frameworks

3–4hr

To Deploy

NIST AI RMF 1.0 EU AI Act 2024 ISO 42001:2023

Build vs. Buy

From scratch

Research risk categories8 hrs = $440

Build 12 tabs + formulas14 hrs = $770

Test & validate formulas6 hrs = $330

Map to 3 frameworks4 hrs = $220

32 hours$1,760

This template

Purchase$50.00

Customize for your org3 hrs = $165

Risk categoriesIncluded

Formulas & formattingIncluded

3 hours$215

$220 saved

29 hours back | 30:1 ROI on $50.00

At $50/hr. The price of this template as the hourly rate

“What if I use AI to write it?”

AI makes drafting faster, but it doesn’t reduce the total work. You still need the source framework documents, a way to verify what the AI produces, and SME-level expertise to catch what it gets wrong. AI hallucinates article numbers, invents control IDs, and generates crosswalk tables that look authoritative but aren’t. Every citation still has to be checked against the actual standard. The work shifts from writing to verification, and verification takes just as long.

~25hwith AI + expert verification

3hwith this template

12tabs included

3source PDFs read

$50.00

One-time purchase · Instant download

✓Fully editable Excel .xlsx. customize for your organization
✓12 worksheets: Risk Register, Summary Dashboard, AI System Inventory, KRI & Monitoring, Control Effectiveness, Incident & Event Log, Residual Risk Acceptance, Risk Categories Reference, Closed/Archived, Getting Started, Lookup Lists, and Disclaimer
✓Aligned to 3 frameworks: NIST AI RMF, EU AI Act, ISO 42001
✓Formula-driven risk scoring with conditional formatting. Inherent and residual risk calculated automatically
✓Dropdown validations for status, risk category, treatment option, and severity levels
✓Updated Q2 2026. Includes risk categories reference with 30+ pre-defined AI risk categories

.xlsx NIST AI RMF EU AI Act ISO 42001 ✦ Q2 2026 v2

Overview

What this template does

1 / 9

Click image or thumbnail to browse · 9 of 12 tabs shown

Every organization deploying AI needs a central register tracking identified risks, their severity, ownership, and treatment status. Without one, risk assessments exist in isolation. Scattered across emails, meeting notes, and disconnected spreadsheets. Making it impossible for auditors to verify your risk management process is active and monitored.

This Excel workbook provides a complete, formula-driven risk register with automated risk scoring (inherent and residual), conditional formatting for visual severity heat mapping, dropdown validations that enforce consistent data entry, and a summary dashboard that auto-calculates from the main register. It includes 55+ pre-populated AI risk entries across seven domains to jumpstart your risk identification process.

The Professional Edition includes features that most risk register templates omit: a dedicated Residual Risk Acceptance tab for formal acceptance tracking, a Risk Categories Reference tab with 30+ pre-defined AI risk categories mapped to NIST AI RMF and EU AI Act, and a Closed/Archived tab that maintains the complete audit trail from identification through closure.

What’s Inside

12 Tabs · Audit-Aligned Structure

The primary register tracking all identified AI risks with 28 columns and 500-row capacity. Includes risk ID, category, description, owner, inherent likelihood and impact scores, treatment option, residual scores, status, and review dates. Formula-driven severity calculation with conditional formatting for visual risk heat mapping.

ISO 42001 A.5.3NIST MAP 1.1

Aggregate risk metrics including total open risks by severity, treatment option distribution, overdue treatment plans, and risk category heatmap. Formula-driven from the main register. Updates automatically as risks are added or modified.

NIST MEASUREISO 42001 Cl. 9.1

Authoritative list of AI systems in scope with 14 columns: system ID, name, business and technical owners, lifecycle stage, deployment type, EU AI Act tier, data classification, model/provider, description, and review tracking. Drives dropdown validations in the main Risk Register tab.

ISO 42001 A.6.2.2EU AI Act Art. 6

Key Risk Indicator tracking with 200-row capacity and 18 columns. Monitor leading indicators with configurable green/amber/red thresholds, measurement frequency, escalation rules, and linked risk IDs. Pre-populated with KRIs for model drift, false positive rates, retraining schedules, and prediction latency.

NIST MEASURE 1.1ISO 42001 Cl. 9.1

Assess design and operating effectiveness of controls linked to ISO 42001 Annex A. 200-row capacity with 18 columns covering control ID, ISO reference, control type, linked risks, test frequency, design and operating effectiveness ratings, and remediation tracking.

ISO 42001 A.5.4Cl. 8.1

Log all AI-related incidents, near-misses, and notable events with 200-row capacity and 20 columns. Tracks detection lag, severity, linked risks and controls, root cause, immediate response, and corrective actions. Includes reportability flag for regulatory notification requirements.

EU AI Act Art. 62NIST MANAGE 4.1

Formal acceptance record for risks with residual scores above threshold. 15 columns tracking acceptance status, approver name and role, authority tier, ISO 42001 reference, approval date, conditions, expiration, and compensating control requirements.

ISO 42001 Cl. 6.1.3NIST MANAGE 2.1

30+ pre-defined AI risk categories with definitions, examples, and ISO 42001 references. Categories span Technical/Model, Data Quality, Bias & Fairness, Privacy, Security, Transparency, Safety, Reliability, and Regulatory domains. Reference-only tab that drives dropdown validations elsewhere.

NIST MAP 1.1EU AI Act Art. 9

Archive for risks that have been fully treated, transferred, or are no longer applicable. 100-row capacity with 23 columns maintaining the complete audit trail from identification through closure. Same column structure as the main register for consistency.

ISO 42001 Cl. 7.5Audit Trail

Pre-populated reference data powering dropdown validations and KRI templates. Includes KRI definitions with thresholds, control definitions with ISO 42001 references, risk categories, scoring criteria, and standard option lists for treatment types, severity levels, and status fields.

Data IntegrityValidation Source

A 5-minute walkthrough for first-time setup. Five steps in order: configure your organization details, populate the AI System Inventory, begin logging risks, set up KRI monitoring, and review the Summary Dashboard. Includes tips for ongoing maintenance.

Quick StartSetup Guide

Important disclaimers, copyright information, and licensing terms. This workbook supports your AI risk management process but does not constitute legal, regulatory, or certification advice.

LegalTerms of Use

Audience

Who deploys this template

📈

Chief Risk Officer

Uses the Summary Dashboard for portfolio-level risk visibility. Monitors aggregate risk exposure, treatment progress, and overdue items to report to the board.

📋

AI Risk Manager

Primary operator of the register. Adds new risks, assigns owners, tracks treatment progress, and manages the residual risk acceptance workflow.

🔧

AI System Owner

Documents risks specific to their AI systems. Updates risk scores as treatments are implemented and flags risks for re-evaluation when system changes occur.

🔍

Internal Auditor

Uses the register as primary audit evidence for AI risk management processes. Verifies risk scoring methodology, treatment plan completeness, and acceptance authority compliance.

Framework Alignment

How this template maps to standards

NIST

NIST AI RMF 1.0

Risk identification and categorization aligned to MAP function. Summary dashboard supports MEASURE function requirements.

MAP 1.1MEASURE 2.1MANAGE 4.1

EU AI Act 2024

Risk categories include EU AI Act classification tiers. Register tracks Art. 9 risk management requirements.

Art. 6Art. 9

42001

ISO/IEC 42001:2023

Fulfills A.5.3 risk assessment documentation, A.5.4 risk treatment tracking, Cl. 7.5 documented information requirements.

A.5.3A.5.4Cl. 7.5Cl. 9.1

Value Proposition

Build from scratch vs. use this template

✓ With This Template

✓12 tabs with 500-row risk capacity, KRI monitoring, control effectiveness, incident log, and AI system inventory.

✓Dashboard auto-calculates from the main register. No manual aggregation.

✓Conditional formatting for severity heat maps. Visual risk at a glance.

✓Dropdown validations enforce consistent data entry across all users.

✓Every citation verified against the published standard. Not AI-generated.

✓Ready in 2–3 hours instead of starting from a blank spreadsheet.

✗ From Scratch

✗32+ hours of work building 12 tabs of formulas, validations, KRI thresholds, and conditional formatting rules.

✗Risk scoring formulas require careful calibration. Likelihood x impact with proper thresholds.

✗30+ risk categories need SME knowledge to define properly across seven AI domains.

✗Dashboard formulas are complex. COUNTIFS, conditional aggregation, dynamic ranges.

✗Conditional formatting for heat maps takes hours to configure correctly.

✗Framework mapping requires deep expertise in NIST AI RMF, EU AI Act, and ISO 42001 risk requirements.

Already have a risk register? Use the Risk Categories Reference tab to identify gaps in your risk identification coverage across AI-specific domains.

“Why is this only $50?”

I’ve been building governance documentation since 2012. That year I helped my healthcare analytics company earn its first HITRUST certification. Since then I’ve created and managed compliance documentation for SOC 2, PCI DSS, HITRUST, and ISO 27001 programs across enterprise organizations. I have a writing degree and I genuinely like this work.

HITRUST CSF SOC 2 PCI DSS ISO 27001 14 Years in GRC Writing Degree

Credentials don’t explain the price though. This does:

I want AI adopted responsibly. I don’t want my friends, my family, or my kids dealing with threats and risks that come from deploying AI without governance. Organizations will take the path that earns them the most money. That’s how business works. So I feel obligated to put quality documentation out at a price where governance isn’t something only Fortune 500 companies can afford. I don’t need to charge thousands of dollars to make a difference. I care about helping where I can.

You’re building something that matters. Documentation that earns trust from your board, your customers, and your team. And it has to be right.

The citations in these templates were checked against the published standards. The actual ISO 42001:2023 PDF, the EU AI Act regulation text, the NIST AI RMF 1.0 document. Control IDs, article numbers, crosswalk mappings. This is practitioner-built documentation from someone who’s sat in the audits, written the remediation plans, and knows what survives a compliance review.

Derrick Jackson // Founder, Tech Jacks Solutions

Related Templates

Often bought together

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The AI Risk Management Command Bundle includes this Risk Register plus 11 more risk management documents and tools. $449 instead of $639 if purchased individually.

Important

This template is a starting point, not a finished product. It’s designed to accelerate your governance program by giving you a professionally structured foundation with verified framework citations. It doesn’t replace legal counsel, compliance review, or organizational judgment. Every organization is different. You’ll need to customize the content for your specific regulatory context, risk tolerance, and operational environment. We recommend routing your completed risk register through your legal, compliance, and governance teams before adoption. What you’re buying is a jumpstart that saves you weeks of research and drafting, not a guarantee of compliance. Framework citations reflect regulations as of Q1 2026. Regulatory frameworks evolve. Check for updates to the EU AI Act, ISO 42001, and NIST AI RMF before your annual policy review. Single organization license. All purchases include a 14-day money-back guarantee. If the template does not meet your needs, contact us for a full refund.