What influences the maximum risk we can accept regarding infrastructure services?

The maximum risk we can accept regarding infrastructure services is significantly influenced by the value placed on the service. This is because the perceived value drives the willingness of stakeholders—including users, investors, and regulators—to accept certain levels of risk associated with the provision and operation of those services. When a service is deemed highly valuable or critical, stakeholders are generally more inclined to accept higher risks to ensure its availability and reliability. Conversely, if the perceived value is low, the acceptable risk diminishes, as stakeholders may not see sufficient justification for potential failures or issues.

While service quality, investors' expectations, and government regulations do play important roles in shaping the risk landscape and decision-making processes, they are often secondary to the intrinsic value assigned to the service itself. A high value placed on a service often means that there will be a greater commitment to mitigating risks and ensuring the infrastructure meets the necessary standards to maintain that value. Hence, understanding the value of the service is crucial in determining the maximum risk threshold.