A method for developing machine-learning (ML) based tool including initializing an input dataset, which is pre-processed by a first model to harmonize the dataset. Historical data similar to the input data set is fetched from a historical database. Based thereupon a controller recommends a method and a control-setting associated with the identified model for the visual inspection process to a user. Thereafter, the dataset is annotated by a second model to define a labelled data set. A plurality of features are extracted with respect to the data set through a feature extractor. A machine-learning classifier operates upon the extracted features and classifies the dataset with respect to one or more labels. A meta controller communicates with one or more of the first model, the second model, the feature extractor and the selected classifier for assessing a performance of at least one of first model and the feature extractor.