A the completion of a project would be that the sun would rise the next day. Suppose for a moment the sun did not rise. The
severity of this risk would threaten not only the completion of this project but most other projects. In other words, the risk posed by the sun not rising is
extremely high; however, the likelihood of that happening is relatively small.
On the other hand, consider a different sort of risk. Consider that one of the billing system database servers has been destroyed. The likelihood of this
happening is considerably higher than the likelihood of the sun not rising. Unless the database was not recently backed up, the severity of this risk is
relatively low. In other words, neither of these risks rises to a level that would threaten the completion of the project.
What are the differences between qualitative and ? When is each type of analysis appropriate? What type of analysis will you use for
the customer service system project?
Address the following in 750900 words:
What are the differences between qualitative and quantitative risk analysis? Explain.
When is each type of analysis appropriate? Explain.
What type of analysis will you use for the system project? Why?
Use correctly APA style formatted references of for your resources and use correctly formatted APA style in-text citations to your
references to substantiate your information and positions as well as to give credit to other authors work. References should be on its own page.
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