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An analyst wants to conduct a risk assessment on a new application that is being deployed. Given the following information: * Total budget allocation for the new application is unavailable. * Recovery time objectives have not been set. * Downtime loss calculations cannot be provided. Which of the following statements describes the reason a qualitative assessment is the best option?
Correct Answer: B
Comprehensive and Detailed Explanation: Qualitative risk assessment is used when quantitative data (monetary loss, exact downtime cost, RTO) is unavailable or unreliable. The SecurityX CAS-005 GRC objectives note that qualitative methods rely on expert judgment, likelihood scales, and impact ratings rather than financial calculations. In this case, insufficient metrics rule out quantitative analysis. * Option A (work experience) is irrelevant to the choice of assessment type. * Option C (risk register) supports tracking, not selecting the assessment method. * Option D describes a quantitative goal, which is not possible with the given lack of metrics.