The process which provides a baseline evaluation of risk in a rapid and cost-effective manner is known as:
A) Quantitative risk analysis
B) Event management software
C) Qualitative risk analysis
D) Risk avoidance

Question

Quizplus · Accepted Answer

Qualitative risk analysis provides a baseline evaluation of risk in a rapid and cost-effective manner, focusing on identifying and assessing risks based on their severity and impact rather than precise numerical data.

The Process Which Provides a Baseline Evaluation of Risk in a Rapid