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CMIT 140 CMIT140 CMIT/140 Week 7: Discussion – Qualitative or Quantitative Risk Assessments.odt

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CMIT 140 CMIT140 CMIT/140 Week 7: Discussion – Qualitative or Quantitative Risk Assessments.odt

When it comes to risk assessment, do you believe a qualitative or a quantitative assessment has more value?
I think they both have there own value and should both be used. By using a qualitative approach first, you can identify the risks to normal conditions and by using job concerns as quick references to help evaluate these risk as being relevant or not.

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CMIT 140 CMIT140 CMIT/140 Week 7: Discussion – Qualitative or Quantitative Risk Assessments.odt

When it comes to risk assessment, do you believe a qualitative or a quantitative assessment has more value?
I think they both have there own value and should both be used. By using a qualitative approach first, you can identify the risks to normal conditions and by using job concerns as quick references to help evaluate these risk as being relevant or not.
Then by using the quantitative approach on the relevant risks discovered in the qualitative approach you can gather more detailed information for more efficientdecision making.
Which one is easier to do?

CMIT 140 CMIT140 CMIT/140 Week 7: Discussion – Qualitative or Quantitative Risk Assessments.odt

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