This might be qualitative risk instead, C. Because when i look at the difference between qualitative and quantitative, a few articles seem to state that qualitative means % of the risk occuring. Not quantitative
Perform Quantitative Risk Analysis uses the probability distributions to characterize the risk’s probability and impact. It also uses the project model (e.g., Schedule, cost estimate), mathematical and simulation tools to calculate the probability and impact. So D is right answer.
C. Qualitative - identifying and using percentages to focus a likelihood of occurring.
Quantitative on the other hand uses measurable metrics and more costly, involved to use.
A qualitative risk analysis prioritizes the identified project risks using a pre-defined rating scale. Risks will be scored based on their probability or likelihood of occurring and the impact on project objectives should they occur.
When quantifying risks, the risk often equals the probability multiplied by the
impact of the risk.
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