What two main criteria are used when evaluating risks during qualitative risk analysis?
Question:
What two main criteria are used when evaluating risks during qualitative risk analysis?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
During qualitative risk analysis risks are evaluated based on two main criteria probability and impact These criteria help assess the significance of ...View the full answer
Answered By
Rukhsar Ansari
I am professional Chartered accountant and hold Master degree in commerce. Number crunching is my favorite thing. I have teaching experience of various subjects both online and offline. I am online tutor on various online platform.
5.00+
4+ Reviews
17+ Question Solved
Related Book For
Contemporary Project Management
ISBN: 9780357715734
5th Edition
Authors: Timothy Kloppenborg, Vittal S. Anantatmula, Kathryn Wells
Question Posted:
Students also viewed these Business questions
-
Dissertation Topic: "The Effects of Cybersecurity Measures on the Productivity and Well-being of Teleworkers in the Healthcare Industry". Introduction Draft no more than TWO paragraphs here -...
-
Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...
-
Portray in words what transforms you would have to make to your execution to some degree (a) to accomplish this and remark on the benefits and detriments of this thought.You are approached to compose...
-
Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 37 units @ $19 Oct. 7 Sale Oct. 15 Purchase Oct. 24 Sale Assuming a perpetual...
-
Green Valley Farms is considering either leasing or buying some new farm equipment. The lessor will charge $21,000 a year lease. The purchase price is $59,000. The equipment has a 3-year life after...
-
In Problems 29 48, add, subtract, or multiply, as indicated. Express your answer as a single polynomial in standard form. (10x 5 8x 2 ) + (3x 3 2x 2 + 6)
-
What is delegation? What is its significance in structural modeling?
-
For each of the transactions listed in Test Yourself Question 3, what will be the ultimate effect on the money supply if the required reserve ratio is one-eighth (12.5 percent)? Assume that the...
-
Create a program using turtle. The output is in the image The program should show the graphics and current time of the system while running it. Use your own logic to complete this task.
-
Should every risk, no matter how major or minor, have a contingency plan created to address it? Why or why not?
-
A key supplier for your project has not been returning your calls or responding to your e-mails. This is an example of a(n) ________________, which indicates that a risk is likely to occur.
-
How would you describe your typical writing style? Now that you learned guidelines for business writing, how willing are you to flex your style to meet the needs of your audience? In what ways is it...
-
R partnership distributes $30,000 cash each to its two equal partners, Batman and Robin, in 2022. Batman and Robin's tax bases before this distribution are $20,000 and $35,000 respectively. How much...
-
If 500 items were produced, calculate the variable cost per unit given the following information: direct labor = $10,000; rent = $5,000; utilities = $2,500 and materials = $1,000.
-
McLeod Company's Accounts Receivable balance at December 31 was $200,000, and there was a debit balance of $1,200 in the Allowance for Doubtful Accounts. McLeod estimates that 3% of the Accounts...
-
Case Study/Problem 1 (75 points) Knotsberry Manufacturing, Inc.: Activity-Based Costing Versus Volume-Based Costing Knotsberry Manufacturing, Inc. manufactures cooling and heating coils for several...
-
How did the cognitive dissonance make you feel? Why? How did you resolve the dissonance? Did you change your attitude, change your behavior, add new cognitions, or something else? Did you use...
-
Are these marketing activities appropriate for this product? Meet us before you need usthats the motto of a cemetery in Denver. Facing decreasing demand as more Americans choose cremation, cemeteries...
-
On October 31 Juanita Ortega, owner of Outback Guide Service, received a bank statement dated October 30. Juanita found the following: 1. The checkbook has a balance of $2,551.34. 2. The bank...
-
Does the fact that an item of income is paid in a form other than cash mean it is nontaxable? Explain.
-
Explain the significance of Lucas v. Earl and Helvering v. Horst.
-
Under present-day tax law, community property rules are followed in allocating income between husband and wife. Is this consistent with Lucas v. Earl? Explain.
-
Walmart has $ 1 , 0 0 0 par value bonds outstanding that matures in 2 0 years and has a 8 % coupon rate. Interest is paid twice per year. If investors require a rate of return of 6 . 2 % on these...
-
Revenues $10,000 COGS Gross Profits $6,000 Operating Expenses $1,000 Operating Profit Interest $500 EBT Taxes (30%) Net Income what is the Net Profit?
-
You can only invest in two securities: A and X. The correlation between the returns of A and X is 0.2. Expected returns and standard deviations are as follows: Security E[R] A X o(R) 20% 20% 15% 25%...
Study smarter with the SolutionInn App