Which of the following uncertainty assessment tools is used primarily for evaluating the relative significance of unfavorable or negative risks in a technical environment?
A) Delphi method
B) Risk-response matrix
C) FMEA
D) Gut-feel method
E) B and D only
F) None of the above

Question

Which of the following uncertainty assessment tools is used primarily for evaluating the relative significance of unfavorable or negative risks in a technical environment? 
A) Delphi method
B) Risk-response matrix
C) FMEA
D) Gut-feel method
E) B and D only
F) None of the above

Quizplus · Accepted Answer

FMEA, or Failure Mode and Effects Analysis, is specifically designed to evaluate the relative significance of unfavorable or negative risks in a technical environment by identifying potential failure modes, assessing their potential effects, and prioritizing the risks based on their severity, occurrence, and detectability.

Which of the Following Uncertainty Assessment Tools Is Used Primarily