Perform Quantitative Risk Analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact. a. Trueb. False

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Social Studies

Averie Thomas

9 July, 10:21

Perform Quantitative Risk Analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact. a. Trueb. False

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Anya Walton · Answer 1

Answer: False

Explanation:

The given statement is false because, Perform Quantitative Risk Analysis is referred to as the method of numerically examining and determining the ramification of the risk identified on the project. The main advantage of the method is that it tends to produce the quantitative risk data and information in order to the support decision making so as to reduce the uncertainty in the project.