Mike is working on a risk assessment project. His boss, Pam, is very numbers-driven and analytical. What type of approach would be the smartest course of action for Mike to take?
A.
Qualitative approach
B.
Delphi technique
C.
Quantitative approach
D.
All-employee questionnaire
Explanation:
The quantitative approach to risk assessment provides the most detail and exactness
for the process. It is formula-based and puts real dollar signs on risk and loss.
This would likely be the most pleasing option to his current boss.