Instructions: Analyze various tools and techniques for performing both a qualitative and quantitative analyses. Research and write an evaluation on three of the listed tools and techniques for both qualitative and quantitative risk analysis, for a total of six tools and techniques. ?For qualitative analysis: ?Risk probability and impact assessment. ?Risk data quality assessment. ?Risk categorization. ?Risk urgency assessment. ?Expert judgment. ?Bubble diagramming. ?Risk prioritization chart. ?For quantitative analysis: ?Interviewing. ?Probability distributions. ?Sensitivity analysis. ?Expected monetary value analysis. ?Modeling and simulation. ?Monte Carlo analysis. ?Then, write a summary that includes the following: ?Description of the tools or techniques. ?Advantages and disadvantages of the tools or techniques.
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