Qualitative Risk Analysis centers around prioritizing risks, and we're aware that any given risk may or may not occur, yet some individuals seem to spend a good deal of time worrying and obsessing over low probability events, such as a lightening strike or shark attack List some examples of very low probability risks that take up a disproportionate amount of attention from most individuals Of course, some events with very low probability can have huge implications, such as an asteroid impact that could potentially kill millions of people how should we react to these scenarios Also please give your opinion about the controllable and uncontrollable risks that you may encounter in project environments Could there be risks that you are unable to respond to

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Question: Qualitative Risk Analysis centers around prioritizing risks, and we're aware that any given risk may or may not occur, yet some individuals seem to spend

Qualitative Risk Analysis centers around prioritizing risks, and we're aware that any given risk may or may not occur, yet some individuals seem to spend a good deal of time worrying and obsessing over low probability events, such as a lightening strike or shark attack.

List some examples of very low probability risks that take up a disproportionate amount of attention from most individuals.
Of course, some events with very low probability can have huge implications, such as an asteroid impact that could potentially kill millions of people - how should we react to these scenarios?

Also please give your opinion about the controllable and uncontrollable risks that you may encounter in project environments. Could there be risks that you are unable to respond to?

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