QuestionQ299

Managing and Mitigating Cyber Risk

You and the project team have identified the project risks and are now analyzing their probability and impact. Which type of risk analysis provides a quick, high-level review of every identified risk event?

  • A A risk probability-impact matrix
  • B Quantitative risk analysis
  • C Qualitative risk analysis
  • D Seven risk responses
Explanation

Qualitative risk analysis assesses and prioritizes individual risks using relative probability and impact ratings, making it a fast, high-level review. A probability-impact matrix can be used to visualize and rank the results of that qualitative assessment; quantitative risk analysis instead applies numerical methods to estimate risk effects.

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