Question: In your presentation, assess Likelihood, Impact ( or Consequence ) , and Risk Priority qualitatively, using words like High, Medium, and Low for each of

In your presentation, assess Likelihood, Impact (or Consequence), and Risk Priority qualitatively, using words like High, Medium, and Low for each of the risks identified in Week 2. Do not assign numerical scores in this exercise. Note that some authors consider numerical ratings (rather than descriptive ratings like High, Medium, and Low) of Likelihood and Impact as qualitative risk analysis, some refer to it as semi-quantitative risk analysis, and others refer to it as quantitative risk analysis. In this course, you will use descriptive ratings in Week 3 and numerical ratings in Week 4.

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