Reply: Risk mgmt - Why do Decision tree technique is been part of Perform Quantitative risk analysis?

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Topic History of : Risk mgmt - Why do Decision tree technique is been part of Perform Quantitative risk analysis?

Max. showing the last 6 posts - (Last post first)
3 years 4 months ago #7524

Ahmed Amin

Ahmed Amin's Avatar

decision trees is already used in Quantitative risk analysis, and as you suggested during Control Risks we will have to go through the outputs from the Quantitative Risk analysis which will require modification and updates based on the current situation. So, decision trees may be implicitly used during Control risks process.
3 years 4 months ago #7472

Gunaseelan Shanmugam

Gunaseelan Shanmugam's Avatar

Since Decision tree deals with making decisions, Should it be part of control risk process, which deals with implementation of risk response?

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