______________ refers to a prescriptive methodology that has resulted from the application of risk analysis techniques at many different types of facilities -
A) Quantitative risk assessment (QRA)
B) Qualitative risk assessment
C) Semi quantitative risk assessment

Question

Quizplus · Accepted Answer

Quantitative risk assessment (QRA) is a prescriptive methodology that has resulted from the application of risk analysis techniques at many different types of facilities. QRA involves quantifying the risks associated with the hazards that may be present in a facility or process, using mathematical models and input from experts in the field. This information can be used to make informed decisions about risk management and mitigation strategies. Qualitative risk assessment and semi-quantitative risk assessment are related techniques, but they do not involve the same level of mathematical modeling and precision as QRA.

______________ Refers to a Prescriptive Methodology That Has Resulted from the Application