What two main criteria are used when evaluating risks during qualitative risk analysis?
Question:
What two main criteria are used when evaluating risks during qualitative risk analysis?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
During qualitative risk analysis risks are evaluated based on two main criteria probability and impact These criteria help assess the significance of ...View the full answer
Answered By
Rukhsar Ansari
I am professional Chartered accountant and hold Master degree in commerce. Number crunching is my favorite thing. I have teaching experience of various subjects both online and offline. I am online tutor on various online platform.
5.00+
4+ Reviews
17+ Question Solved
Related Book For
Contemporary Project Management
ISBN: 9780357715734
5th Edition
Authors: Timothy Kloppenborg, Vittal S. Anantatmula, Kathryn Wells
Question Posted:
Students also viewed these Business questions
-
Dissertation Topic: "The Effects of Cybersecurity Measures on the Productivity and Well-being of Teleworkers in the Healthcare Industry". Introduction Draft no more than TWO paragraphs here -...
-
Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...
-
Portray in words what transforms you would have to make to your execution to some degree (a) to accomplish this and remark on the benefits and detriments of this thought.You are approached to compose...
-
Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1 Inventory 37 units @ $19 Oct. 7 Sale Oct. 15 Purchase Oct. 24 Sale Assuming a perpetual...
-
Green Valley Farms is considering either leasing or buying some new farm equipment. The lessor will charge $21,000 a year lease. The purchase price is $59,000. The equipment has a 3-year life after...
-
For the following exercises, convert the given polar equation to a Cartesian equation. Write in the standard form of a conic if possible, and identify the conic section represented. r= 1 4cos - 3sin 0
-
Absorption and Variable Costing; Cost of Goods Sold Use data from Mini Exercise 5-19. Required Compute Bond wares March Cost of Goods Sold using both the variable and absorption costing methods.
-
Central Hospital in York, Pennsylvania, has an emergency room that is divided into six departments: (1) An initial exam station to treat minor problems or to make a diagnosis; (2) An X- ray...
-
Two lines in the same plane that do not intersect are called lines. Two lines in the same plane that do not intersect are called
-
Should every risk, no matter how major or minor, have a contingency plan created to address it? Why or why not?
-
A key supplier for your project has not been returning your calls or responding to your e-mails. This is an example of a(n) ________________, which indicates that a risk is likely to occur.
-
1. The write-off of inventory due to obsolescence. 2. Discovery that depreciation expenses were omitted by accident from 2017's income statement. 3. The useful lives of all machinery were changed...
-
In prior metacognitive discussion forums, the concept of learning styles appeared many times (usually when people were saying that they are visual or auditory learners). Most teachers and students...
-
The demand for two brands X and Y , are given by the following demands: QX =80-2PX +PY QY =80-2PY +PX Thefirms have identical cost functions ,C(Qi)=10Qi i=X,Y Suppose the firms compete in prices. a....
-
What reform measures have been instituted in the state of Tennessee in regards to damage caps, joint and several liability, the collateral-source rule, and frivolous lawsuits? How effective have they...
-
Adam Fleeman, a skilled carpenter, started a home improvement business with Tom Collins, a master plumber. Adam and Tom are concerned about the payroll taxes they will have to pay. Assume they form...
-
When deeloping budgets, it is necessary to predict what might happen in the future. there are times when you know whomething is going to be required to be funded and can incorporate into your budget....
-
In the text, we considered a sequential move game in which an entrant was considering entering an industry in competition with an incumbent firm (Figure 15-1). Consider now that the entrant, if...
-
For the following exercises, find the area of the triangle. Round to the nearest hundredth. 22 50 36
-
Does the fact that an item of income is paid in a form other than cash mean it is nontaxable? Explain.
-
Explain the significance of Lucas v. Earl and Helvering v. Horst.
-
Under present-day tax law, community property rules are followed in allocating income between husband and wife. Is this consistent with Lucas v. Earl? Explain.
-
one of the tasks you need to complete in gfebs to complete the transaction is to run an ecc report. what piece of information do you need to complete in gfebs to complete the transaction is to run an...
-
One shortcut method that people use to forecast income is to forecast sales, and to assume that expenses remain the same percent of sales they are now. This is likely to work best when: Sales...
-
You are creating a chart that is designed to show sales and profit trends by country (there are 4 countries - AUS, USA, INDIA, THAILAND) over time (you have monthly figures between 2012 and 2015)....
Study smarter with the SolutionInn App