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 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 semiquantitative risk analysis, and others refer to it as quantitative risk analysis. In this course, you will use descriptive ratings in Week and numerical ratings in Week
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
