Question: 1-Distinguishes between the qualitative and quantitative risk analyses processes. 2-Explain why a project manager should perform a qualitative risk analysis first? a) Then, describe the

1-Distinguishes between the qualitative and quantitative risk analyses processes.

2-Explain why a project manager should perform a qualitative risk analysis first?

a) Then, describe the overall risk analysis process in terms that a lay person, such as a business sponsor, will understand.

3- Do we need to always conduct both the qualitative and quantitative risk analysis? Why or why not?

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