qualitative - Measuring something without using numbers, using adjectives, scales, and grades, etc.

qualitative risk analysis - A risk analysis method that uses opinion and experience to judge an organization\'s exposure to risks. It uses scenarios and ratings systems.

quantitative - Using numbers to measure something, usually monetary values.

quantitative risk analysis - A risk analysis method that attempts to use percentages in damage estimations and assigns real numbers to the costs of countermeasures for particular risks and the amount of damage that could result from the risk.

Share via
Copy link
Powered by Social Snap