Set predefined risk-acceptance thresholds: What should be | AIGP
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Set predefined risk-acceptance thresholds: What should be established before accepting residual risk?

AIGP Understanding How to Govern AI Development Medium

Set risk-acceptance thresholds before deciding whether residual manufacturing risk is acceptable.

The question

A manufacturer has defined the quality objective, affected people, hazards, testing method, mitigations, owners, and monitoring for an inspection model. All prerequisites except one are satisfied. What should be established before accepting residual risk?

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  1. Choose the model with the lowest purchase price.
    Cost can inform resource allocation, but it does not establish whether manufacturing residual risks are acceptable.
  2. Use the vendor’s default tolerance statement.
    Vendor information may inform assessment, but organizational risk acceptance must reflect the manufacturer’s context and responsibilities.
  3. Set predefined risk-acceptance thresholds.
    Predefined criteria make residual-risk decisions consistent and transparent rather than dependent on ad hoc judgments after testing.
  4. Permit each inspector to define acceptance independently.
    Individual criteria undermine consistent governance and may produce incompatible decisions for similar quality hazards.
The trap
Look for criteria established before the acceptance decision, not informal approval afterward.

How to remember it

Set risk-acceptance thresholds before deciding whether residual manufacturing risk is acceptable.

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