Which of the following is the BEST approach for minimizing risk when integrating acceptable use...

The AAISM guidance defines risk minimization for AI deployment as requiring a formalized AI model life cycle policy and associated procedures. This ensures oversight from design to deployment, covering data handling, bias testing, monitoring, retraining, decommissioning, and acceptable use. Limiting usage to developer-defined scenarios or relying on vendor mechanisms transfers responsibility away from the organization and fails to meet governance expectations. Training and awareness support cultural alignment but cannot substitute for structured lifecycle controls. Therefore, the establishment of a documented lifecycle policy and procedures is the most comprehensive way to minimize operational, compliance, and ethical risks in integrating foundation models.