Quantitative risk analysis is the analysis of the probability of occurrence and impact of risk on project objectives using numerical techniques.

Name: Quantitative risk analysis is the analysis of the probability of occurrence and impact of risk on project objectives using numerical techniques.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Quantitative risk analysis involves using numerical techniques to assess the likelihood and potential impact of risks on project objectives, often employing statistical methods and models.

Quantitative Risk Analysis Is the Analysis of the Probability of Occurrence