Difference between qualitative-quantitative risk analysis

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Reference no: EM133983986

Assignment:

I am working on a project of Build Smart homes, procuring sizable land to build an estate between Brampton and Mississauga. Please explain the terms below according to the given project.

- Research the types of Risks associated with this project to identify 3 Negative Risks, and 2 Positive Risks

- List and describe 3 methods you used to identify the Riks

- Plan your response with the standard Risk response strategies for each of the identified Risks

- Show how you will estimate and apply Contingency reserve in at least 2 instances when the risks occur

- Represent your Risk status in a Risk Register for the benefit of your organization?

- What is the difference between Qualitative and Quantitative Risk analysis?

Reference no: EM133983986

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