Types of risk assessment - qualitative and quantitative


Assignment Problem: Make a short report reflecting on the 2 different types of risk assessment - qualitative and quantitative.

What do you think are the similarities and differences between the two approaches? What are their key advantages and disadvantages?

You should consider the application of risk management in project management and what would be some of the practical issues in that discipline when conducting risk assessments (qualitative and quantitative).

Please keep words (five hundred only)

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Other Subject: Types of risk assessment - qualitative and quantitative
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