use risk quantification to challenge a low-cost vendor choice
FAIR helps reframe vendor selection from price comparison to loss-exposure comparison. The mechanism is to estimate frequency and magnitude: how often the control gap could matter, how much delay or missed detection could cost, and whether the savings justify the residual risk. You do not need false precision; you need a defensible range that makes the trade-off visible. In practice, the reviewer should write the dependency, evidence gap, risk treatment, accountable owner, and follow-up trigger in the decision record. That is what makes the decision inspectable after the meeting is over and prevents the team from confusing speed with unmanaged…
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