Risk acceptance

A named, signed and expiring decision by someone with the authority a residual band requires, that a risk may remain for a bounded period under named compensating controls and a monitoring signal that voids it 1. Authority rises with the rating; a prohibited use cannot be accepted by anyone.

Developed in
ch. 13, Who may accept
ch. 12, Risk acceptance and exceptions
Chapters
ch. 12, Governance Program · ch. 13, Risk Management
Contrast with
Exception register
Source
1 numbered reference, listed below

Where it is used

2 chapters of the Body of Knowledge use the term. Each link opens the first section that does.

Risk acceptance: mentions per chapter5 mentions of the term across 2 of the 23 chapters of the Body of Knowledge; the chapters the glossary cross-references are drawn solid.Cross-referenced chapterOther chapterCross-referenced, not named12 Governance Program: 4 mentions12 Governance Program413 Risk Management014 Development: 1 mention14 Development1No mentions in the other 20 chaptersSource: the Body of Knowledgev0.5.0
Risk acceptance: mentions per chapter5 mentions of the term across 2 of the 23 chapters of the Body of Knowledge; the chapters the glossary cross-references are drawn solid.Cross-referenced chapterOther chapterCross-referenced, not named000102030405060708101112 Governance Program: 4 mentions4121314 Development: 1 mention114151617181920212223Source: the Body of Knowledge v0.5.0
Mentions per chapter How often each chapter names the term, with the chapters the glossary cross-references drawn solid. The longest bar is where to read the term in use; bars spread across many chapters mark a term that runs through the discipline.
Mentions as a table
Mentions of Risk acceptance per chapter
ChapterMentionsCross-referenced
00 Preface0No
01 Definition0No
02 Why Now0No
03 Values & Principles0No
04 The Stack0No
05 Patterns0No
06 The Role0No
07 Maturity Model0No
08 Regulatory Map0No
10 Reading List0No
11 AI Defined0No
12 Governance Program4Yes
13 Risk Management0Yes
14 Development1No
15 Deployment0No
16 Fairness & XAI0No
17 Incidents0No
18 EU AI Act0No
19 Privacy & AI0No
20 Existing Law0No
21 AI Laws Worldwide0No
22 Principles & Standards0No
23 AI Agents0No

Sources

  1. [1] Artificial Intelligence Risk Management Framework (AI RMF 1.0), NIST AI 100-1 (risk tolerance and residual risk; seven trustworthy characteristics; transparency answers "what happened", explainability "how", interpretability "why"; MAP 1.1 intended purposes; MANAGE 1.1 go/no-go determination; profiles). NIST. 2023-01-26. https://doi.org/10.6028/NIST.AI.100-1 (verified: primary)

Definitions of legal terms paraphrase the cited text, which governs. Dated statements are as of .

Cite this term

García Aibar, J. (2026). Risk acceptance. In AI Governance Engineering: The Thesis & Body of Knowledge (v0.5.0), Glossary. https://doi.org/10.5281/zenodo.22956197. https://aigovernanceengineer.com/glossary/risk-acceptance. CC BY 4.0

BibTeX

@misc{aige2026riskacceptance,
  author  = {Jorge García Aibar},
  title   = {{Risk acceptance}},
  note    = {Glossary, AI Governance Engineering: The Thesis \& Body of Knowledge, version 0.5.0},
  year    = {2026},
  doi     = {10.5281/zenodo.22956197},
  url     = {https://aigovernanceengineer.com/glossary/risk-acceptance}
}