EU AI Act risk assessment tools help organizations classify AI systems by risk levels to ensure regulatory compliance across unacceptable, high, limited, and minimal categories. These 1000-word guides detail tool functionalities, implementation steps, and practical applications for developers and deployers.

The EU AI Act Risk Calculator revolutionizes compliance by automating risk classification for AI systems, starting with a simple questionnaire on use cases like biometrics or hiring tools. Providers input details on intended purpose, data sources, and deployment context; the tool outputs risk tiers with mitigation recommendations per Article 9's risk management mandates. High-risk systems trigger requirements for data governance, transparency logging, and human oversight, effective August 2026.

Designed for SMEs and enterprises, calculators like those from Holistic AI or EUAIRisk scan against Annex III high-risk areas—education, employment, critical infrastructure—flagging prohibited practices like social scoring or real-time biometric ID in public spaces. Step 1: Map your AI's lifecycle stage (development, deployment). Step 2: Answer yes/no on risk factors (e.g., "Does it influence safety-critical decisions?"). Step 3: Generate reports with conformity checklists, including post-market monitoring plans.

Real-world application: A HR chatbot undergoes assessment—limited risk due to transparency needs, but if scoring candidates, escalates to high-risk requiring dataset audits for bias. Tools integrate CE marking simulations, estimating fines up to €35M for non-compliance. For GPAI models like foundational LLMs, additional systemic risk evaluations apply if compute >10^25 FLOPs. Benefits include audit-ready documentation and vendor collaboration templates.