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Ethical AI Impact Assessment & Mitigation Worksheet

Assess AI Project Ethics

LGL-W-023v1.0Intermediate · 45 minUpdated 2026-08-06

Overview

This worksheet guides small business owners through a systematic process of ethical risk assessment for their AI initiatives. It prompts critical thinking about potential societal impacts, bias, privacy concerns, and accountability, leading to actionable mitigation strategies. Use it to document your ethical considerations and decisions.

Purpose

Utilize this worksheet to thoroughly evaluate the ethical implications of a specific AI project and plan effective mitigation strategies before deployment.

Why it matters

Proactive ethical assessment prevents costly post-deployment issues, protects your brand reputation, and ensures your AI solutions are aligned with your values and customer expectations.

Unlock the full playbook

The step-by-step instructions, AI companion prompt, worked example, common mistakes and downloadable files are available to members.

When to use it

Complete this worksheet at key project milestones, particularly during the design and testing phases of any AI application.

Tags

  • ai-risk-assessment
  • ethical-ai-worksheet
  • compliance-tool
  • impact-assessment
  • ai-governance

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