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Compare and contrast qualitative and quantitative methods of analyzing risk. Is it important to conduct qualitative AND quantitative project risk analysis on every project? Why

Compare and contrast qualitative and quantitative methods of analyzing risk. Is it important to conduct qualitative AND quantitative project risk analysis on every project? Why or why not? Discuss how you would use risk analysis when making decisions in your daily life, such as purchasing insurance, investing in stock market, changing jobs, etc.

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