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Quantity Risk Analysis

Quantitative Risk Analysis is the process for numerically analysing the effect on overall project objectivities of identified risks.

On the base of the results of the Qualitative Risk Analysis the “Quantitative Risk Analysis” is performed on risks that have been prioritized and analyses the effects of those risk events and assigns a numerical rating to those risks.

Instead of estimating the single impacts by using a raw typology in the process of Quantitative Risk Analysis the impacts to the whole project will be made computable and will be computed for generating a more elaborated total ranking.

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