Risk AI

Learn about the Risk AI for All Entities, powered by LLM technology

The Risk AI feature in v4.11 introduces an intelligent  way for systems engineers and project managers to identify, assess, and generate risks. Managing risks is a critical aspect of systems engineering, and Risk AI empowers engineers to generate detailed risk assessments directly from Innoslate entities, saving time and ensuring consistency.

Risk AI integrates seamlessly into the Risk Diagram, Documents View, Compilation View, and Test Suite enabling users to identify potential risks tied to system elements. By leveraging AI, it automates the generation of risk scenarios, prioritizing them based on likelihood and consequence. The Risk AI feature has the ability to:

• Provide an intuitive workflow for identifying risks related to specific project elements.
• Allow engineers to customize and validate the generated risks to meet specific unacknowledged needs from the AI.
• Enhance traceability and documentation by embedding risks directly into the Risk Diagram, while creating the "causes/caused by" relationship.

In the following sections, we’ll walk through the Risk AI functionality step by step, detailing how risks are generated, verified, and embedded into your project. This comprehensive guide ensures you can fully leverage this feature to improve your risk management processes.

Accessing the “Generate Risk” Feature

To begin using Risk AI, navigate to one of the supported views, such as the Risk Diagram, Documents View, Compilation View, or Test Suite. In the Risk Diagram, for example, locate the “Generate Risk” button in the toolbar. This serves as the starting point for generating risks tied to specific entities.

Figure 1: Generate Risk Button in Risk Diagram

Setup Phase

In the Setup phase:

1. Select the target entity for which you want to generate risks. This can be any Innoslate entity, such as requirements, issues, actions, or other project elements.
2. Review the provided context for the selected entity. This includes details about the parent and child relationships, ensuring the AI has the necessary information to generate meaningful risks. Users have the ability to do prompt engineering as desired.

Figure 2: Setup Modal Phase 

This step sets the foundation for aligning generated risks with the targeted project element.

Generate Phase

In the Generate phase:

1. The Risk AI presents a list of 5 potential risks related to the selected entity. These risks are tailored based on the entity’s attributes and context provided from the target entity.
2. Users have the ability to select up to three risks from the list to generate detailed risk entries. This allows for selection of the risks most relevant to your project.

Figure 3: Generate Modal Phase

This phase ensures that users maintain control over which risks are documented, balancing automation with flexibility.

Verify Phase

The Verify phase provides an opportunity to review and validate the generated risks:

1. A list of the selected risks is displayed in a collapsible format. Each risk can be collapsed/expanded to view or modify its details. Figure 4 and Figure 5 below represent the collapsed view and per entity view respectively.
2. Risk attributes, including Number, Name, Risk Description & Mitigation Strategy, Consequence Description, Consequence, Probability, and Risk Label, are generated. Users are expected to refine these attributes to ensure accuracy and alignment with project needs.

Figure 4: Verify Modal Phase Collapsed View for Entities

 

Figure 5: Verify Modal Phase Expanded for One Risk Entity

This phase allows for human oversight to validate AI-generated content and proper Risk Management.

Embedding Risks

Once validated and created, the generated risks are embedded directly into the Risk Diagram, completing the process. The risks are visually represented within the diagram, and the “causes/caused by” relationships are automatically established. This enhances traceability and ensures risks are effectively linked to relevant project elements.

Figure 6: Risks embedded in the Risk Diagram

Note: The Risk AI feature is also accessible through the Documents View, Compilation View, and Test Case Suites. These provide alternative ways to generate Risks directly from the documents. In this workflow, respective entities are selected and referenced directly within the document, and upto 3 risks can be generated automatically and re-directed in the Database View will be automatically generated. They will be stored directly in the project database, where it can be accessed, reviewed, and linked to the appropriate parts of the project later as Risks.

Tutorial Video

 

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