Question

Your risk manager just distributed a chart that uses three colors to identify the level of threat to key assets in the information security systems. red represents high level of risk, yellow represents average level of threat and green represents low level of threat. what type of risk analysis does this chart represent?

Answer 1

What type of risk analysis does this chart represent? This chart shows the qualitative and quantitative risk analysis. This analysis is used to identify and rate potential threats the organization may have. Companies perform risk analysis often because they work with risk. This helps them better understand the risks they may be facing and how to make the best decisions regarding them. 

Answer 2

This chart represents the qualitative and quantitative risk analysis.

What are qualitative and quantitative risk analysis?

Qualitative risk analysis is the process of rating or scoring risk based on a person’s perception of the severity and likelihood of its consequences. Qualitative risk analysis is a technique used to quantify risk associated with a particular hazard. Risk assessment is used for uncertain events that could have many outcomes and for which there could be significant consequences. The goal of qualitative risk analysis is to come up with a short list of risks which need to be prioritized above others.

Risk analysis quantifies the possible outcomes for the project and assesses the probability of achieving specific project objectives Provides a quantitative approach to making decisions when there is uncertainty Creates realistic and achievable cost, schedule or scope targets.

Learn more about the qualitative and quantitative risk analysis, refer:

https://brainly.com/question/13104614

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