Question: Module 4 - Discussion Contrast simulation to other risk analysis tools discussed in Chapter 3 such as decision tables, FMEA, logic charts, and contingency planning.

Module 4 - Discussion

Contrast simulation to other risk analysis tools discussed in Chapter 3 such as decision tables, FMEA, logic charts, and contingency planning.

  1. What are its advantages and disadvantages? Give examples.
  2. If you were to do an important risk analysis, which tool would you prefer and why? Give examples.

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