Automated Risk Assessment and Compliance Scoring System

The objective of this project is to build an automated risk assessment system that evaluates compliance risks and assigns compliance scores. The system helps organizations prioritize remediation efforts based on risk severity and audit impact.

Study risk management concepts and compliance risk frameworks.

Identify factors influencing compliance risk levels.

Design a risk scoring model combining multiple compliance indicators.

Implement automated data collection from system logs and controls.

Calculate compliance scores based on defined weighting logic.

Visualize risk levels using dashboards and charts.

Generate prioritized remediation recommendations.

Test scoring accuracy with simulated compliance data.

Evaluate effectiveness in decision-making.

Compare automated scoring with manual assessments.

Document model assumptions and improvement areas.