UUY-DTS 4212 units400 LevelSecond Semester

Data Science Risk and Management

B.Sc. Data Science, University of Uyo

What goes wrong with data and models, and how to manage it: model risk, data risk, operational failure, and the governance structures that catch problems before they reach production.

On Areté, UUY-DTS 421 comes with

  • 3 recommended textbooks
  • an AI tutor that has read this course’s outline and notes
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Course outline

  1. 01Risk concepts: threat, vulnerability, likelihood, impact and the risk register
  2. 02Data risk: quality failures, silent schema change, leakage, and loss of provenance
  3. 03Model risk: overfitting, target leakage, spurious correlation, and inappropriate deployment
  4. 04Concept drift and data drift; monitoring models in production
  5. 05Bias, fairness and discrimination risk in deployed models
  6. 06Security risk for data systems: access control, adversarial inputs, model theft, privacy attacks
  7. 07Regulatory and compliance risk; auditability of automated decisions
  8. 08Model risk management frameworks, validation and independent review
  9. 09Business continuity, incident response and post-incident review for data systems

Recommended textbooks

  • Designing Machine Learning Systems — Chip Huyen

    Strong on drift, monitoring and production failure modes

  • Weapons of Math Destruction — Cathy O'Neil

    The harm case studies that motivate the whole course

  • ISO 31000 / NIST AI Risk Management Framework — ISO / NIST

    The frameworks; the NIST AI RMF is free and short

How to pass UUY-DTS 421

  • Target leakage is the classic silent killer: a feature that would not exist at prediction time gives 99% accuracy in testing and fails completely in production. Learn to spot it
  • Be able to distinguish data drift (the inputs changed) from concept drift (the relationship changed) with an example of each
  • Build a risk register for your DTS 428 project — it is real practice and it genuinely protects the project
  • The NIST AI RMF is free, short and current; reading it is the highest-value hour you can spend on this course

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