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The phrase "acknowledging potential" is correct and usable in written English.
It can be used in contexts where one is recognizing or validating the possibilities or capabilities of a person, idea, or situation.
Example: "In our discussions, we should focus on acknowledging potential rather than dwelling on past mistakes."
Alternatives: "recognizing possibilities" or "validating capabilities".
Exact(2)
Regardless of how that question is answered, we should perhaps give China's leaders some credit for acknowledging potential bubbles and taking steps to rein them in.
Actively mentally counting the following—"one thousand one … one thousand two … one thousand three … one thousand four … one thousand five"—before acknowledging potential student respondents is one simple way to track the amount of time that has transpired after asking a question.
Similar(55)
Mr. Kerrey acknowledged potential reverberations from the Hsu episode.
Apple's announcement came as several other major technology companies acknowledged potential stock options problems.
This policy instrument does not explicitly acknowledge potential trade-offs that might emerge from trying to reach two different policy objectives.
We acknowledge potential limitations.
However, we also acknowledge potential limitations.
It is important to acknowledge potential limitations of this study.
CORR requires authors to acknowledge potential conflicts of interest.
We acknowledge potential endogeneity between PCRs and the predictive characteristics.
Despite these strengths, we acknowledge potential limitations that should be considered.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com