Question: In risk analysis, what methods can be used to evaluate the potential impact and probability of risks, and what are their implications for project management?
In risk analysis, what methods can be used to evaluate the potential impact and probability of risks, and what are their implications for project management?
A Qualitative analysis using expert judgment and scoring models to prioritize risks
B Quantitative analysis with statistical methods to calculate potential financial losses
C Scenario analysis to explore the effects of different risk scenarios on project outcomes
D Historical analysis to compare current risks with past project experiences
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