Looking for two methods of quantitative risk analysis Qualitative risk analysis deals with prioritizes risks using qualitative methods such as constructing a risk matrix. On the other hand quantitative risk analysis uses numeric methods such as Failure Mode and Effect Analysis (FMEA) and Decision Tree Analysis. Distinguish between the methods of qualitative and quantitative risk analysis. Discuss two methods of quantitative risk analysis (e.g. FMEA and decision tree analysis) in detail.