Qualitative and Quantitative Risk Analysis Techniques

This comprehensive course provides participants with the necessary tools to perform both **Qualitative and Quantitative Risk Analysis**, which are essential steps in a robust enterprise risk management program. Participants will learn how to systematically identify, assess, and prioritize risks using non-numerical methods like risk matrices, as well as complex numerical methods like Monte Carlo simulation and Expected Monetary Value (EMV). The training emphasizes selecting the appropriate technique based on available data and organizational needs, ensuring risk assessment outputs are meaningful for executive decision-making and resource allocation. Mastery of these techniques enables a transition from subjective judgment to data-driven risk management.