M4.2 Qualitative Risk Analysis

1. Practical outcomeThe learner should be able to take identified risks and assess them systematically so that management attention focuses on what matters. They should be able to assess probability and impact, apply a scoring framework, use a matrix appropriately, consider other relevant factors,…

1. Practical outcomeBy the end of this section, the learner should be able to establish a disciplined risk-identification process that finds, frames and records uncertainty before it is scored or modelled. They should be able to distinguish risks from issues, assumptions, dependencies, decisions…