Write a detailed comparable analysis of the Five tools and methods of qualitative risk analysis, which are 1) Risk probability and impact assessment, 2) Probability and impact matrix, 3) Risk and data quality assessment, 4) Risk categorization, and 5) Risk urgency assessment.
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1. Submit an abundance of information that breaks down each of the five tools and method into their parts looking at how each part interaction with each other and the whole, and compares each of the five tools and methods with each of the other tools and methods.
Five tools per PMBOK
Risk probability and impact assessment
Probability and impact matrix
Risk and data quality assessment
Risk categorization
Risk urgency assessment
A very common mistake for this assignment is to just define/describe each of the five tools, but the assignment asks for an analysis, i.e. good verses bad, pros verse cons, advantages verse disadvantages
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