Which of the following is an advantage of a qualitative over a quantitative risk analysis?

Question

Options

• AIt prioritizes the risks and identifies areas for immediate improvement in addressing the
• BIt provides specific quantifiable measurements of the magnitude of the impacts.
• CIt makes a cost-benefit analysis of recommended controls easier.
• DIt can easily be automated.

• A
  87% (26)
• B
  3% (1)
• C
  7% (2)
• D
  3% (1)

Explanation

A key advantage of qualitative risk analysis is that it prioritizes risks and identifies areas needing immediate attention using subjective scales (e.g., High/Medium/Low) without requiring hard financial data. It is faster and easier to perform. Quantitative analysis, by contrast, assigns specific dollar values to risks (B), making cost-benefit analysis more precise (C) and lending itself to automation (D). Qualitative analysis is better suited for environments where reliable financial data is unavailable or impractical to gather.

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