Review quantitative and qualitative risk management in your textbook, and explain what each is in terms related to project management

This current events prompt is intended to provide students with the opportunity to tie module and course content to current events in society or industry and increase the just in time relevancy of our courses. This is also an opportunity for students to “drive” the content of the discussion and take on a leadership role in the discussion based on student chosen content.

Review quantitative and qualitative risk management in your textbook, and explain what each is in terms related to project management. Include a connection to a current event (within the past 12 months) for project management and using quantitative and qualitative methods for risk management. Use your local newspaper, or other local information that presents an example of a project’s use of quantitative and qualitative risk management.