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id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><p><b>Qualitative risk analysis</b> is a technique used to quantify risk associated with a particular hazard. Risk assessment is used for uncertain events that could have many outcomes and for which there could be significant consequences. Risk is a function of probability of an event (a particular hazard occurring) and the consequences given the event occurs. Probability refers to the likelihood that a hazard will occur. In a qualitative assessment, probability and consequence are not numerically estimated, but are evaluated verbally using qualifiers like high likelihood, low likelihood, etc. Qualitative assessments are good for screening level assessments when comparing/screening multiple alternatives or for when sufficient data is not available to support numerical probability or consequence estimates. Once numbers are inserted into the analysis (either by quantifying the likelihood of a hazard or quantifying the consequences) the analysis transitions to a semi-quantitative or quantitative risk assessment. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Qualitative_techniques">Qualitative techniques</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Qualitative_risk_analysis&action=edit&section=1" title="Edit section: Qualitative techniques"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>There are several techniques when performing qualitative risk analysis to determine the probability and impact of risks, including the following: </p> <ul><li><a href="/wiki/Brainstorming" title="Brainstorming">Brainstorming</a>, <a href="/wiki/Interview" title="Interview">interviewing</a>, <a href="/wiki/Delphi_technique" class="mw-redirect" title="Delphi technique">Delphi technique</a></li> <li>Historical data</li> <li>Strength, weakness, opportunity, and threats analysis (<a href="/wiki/SWOT_analysis" title="SWOT analysis">SWOT analysis</a>)</li> <li>Risk rating scales</li></ul> <div class="mw-heading mw-heading2"><h2 id="Developing_rating_scales">Developing rating scales</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Qualitative_risk_analysis&action=edit&section=2" title="Edit section: Developing rating scales"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Assigning probability and impacts to risks is a subjective exercise. Some of this subjectivity can be eliminated by developing rating scales that are agreed upon by the sponsor, project manager, and key team members. Some organizations, particularly those that have project management offices responsible for overseeing all projects, have rating scales already developed.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Qualitative_risk_analysis&action=edit&section=3" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="https://www.cdc.gov/niosh/docs/2020-106/">Current Intelligence Bulletin 69: NIOSH Practices in Occupational Risk Assessment</a>. <a href="/wiki/National_Institute_for_Occupational_Safety_and_Health" title="National Institute for Occupational Safety and Health">National Institute for Occupational Safety and Health</a> (NIOSH), USA.</li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Qualitative_risk_analysis&action=edit&section=4" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text">Kim Heldman, PMP, Project Manager's Spotlight on Risk Management, p. 125, 126</span> </li> </ol></div></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Qualitative_risk_analysis&oldid=1237269026">https://en.wikipedia.org/w/index.php?title=Qualitative_risk_analysis&oldid=1237269026</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Risk_analysis" title="Category:Risk analysis">Risk analysis</a></li><li><a href="/wiki/Category:Occupational_safety_and_health" title="Category:Occupational safety and health">Occupational safety and health</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 28 July 2024, at 23:44<span class="anonymous-show"> (UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. 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