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What do you believe are the positive and negative aspects of the qualitative approach to risk...

What do you believe are the positive and negative aspects of the qualitative approach to risk determination? Why?

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Answer #1

The positive aspects of the qualitative rusk determination include

1) Checking the probability of success - because an overall confidence level of success can be identified using the risk analysis on the whole.

2) Mitigation- with the analysis of high risk areas, the team can get to develop some mitigation plans on the whole.

The negative aspects of qualitative risk determination include

Th lack of understanding of certain parameters - This can lead to the misinterpretation of certain results on the whole.

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