Quantitative Risk Analysis Techniques
CataloguedThe tools and techniques used to quantify the effect of risks on the objectives and targets of an organization and assign them a numerical rating, such as interviews and surveys, probability distribution, sensitivity analysis, risk modelling and simulation, cause and effect matrix, failure mode and effects analysis (FMEA), cost risk analysis and schedule risk analysis.
Quantitative Risk Analysis Techniques sits under Business Operations in the Business domain of the Luminid skills catalogue.
Also known as
- cost risk analysis
- FMEA
- numerical risk rating
- probability risk analysis
- quantitative risk analysis
- quantitative risk analysis methods
- quantitative risk assessment
- risk analysis techniques
- risk modelling and simulation
- risk quantification
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