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Which of the following answer BEST relates to the type of risk analysis that involves committees, interviews, opinions and subjective input from staff?
Correct Answer: A
The two main types of risk assessment involve either hard values and numbers or subjective opinions of staff members. Qualitative Risk Assessment: This type of risk assessment revolves more around the opinion of individuals or committees of individuals in the organization. Interviews are conducted, surveys administered and estimates derived from the results for the assessment. Quantitative Risk Assessment: Involves collection and assessment of data and the hard values they provide like costs, average rates of occurrence, single loss expectancy, replacement costs etc. In other words specific numbers to provide answers in the risk analysis process The following answers are incorrect: -Quantitative Risk Analysis: This isn't a correct answer because this type of risk analysis involves hard values and numbers to assist in addressing risk. -Interview Approach to Risk Analysis: This isn't a known risk analysis term but it does relate to a qualitative risk assessment because that type includes interviews. -Managerial Risk Assessment: Sorry, this is not a common term associated with the risk assessment process. The following reference(s) was used to create this question: 2013. Official Security+ Curriculum. and Hernandez CISSP, Steven (2012-12-21). Official (ISC)2 Guide to the CISSP CBK, Third Edition ((ISC)2 Press) (Kindle Locations 4595-4596). Auerbach Publications. Kindle Edition.