Q Flashcards
1
Q
qualitative risk analysis
A
A risk analysis method that uses intuition and experience to judge an organization’s exposure to risks. It uses scenarios and ratings systems. Compare to quantitative risk analysis.
2
Q
quantitative risk analysis
A
A risk analysis method that attempts to use percentages in damage estimations and assigns real numbers to the costs of countermeasures for particular risks and the amount of damage that could result from the risk. Compare to qualitative risk analysis.
