CRISC IT Risk Assessment Practice Question
A company is considering using a qualitative risk assessment approach to evaluate IT risks. Which TWO of the following are advantages of qualitative risk analysis over quantitative risk analysis?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Quick to perform
Qualitative analysis is quicker and easier to communicate because it uses ordinal scales (e.g., high/medium/low) rather than numerical data.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Easily comparable across organizations
Why it's wrong here
Qualitative ratings are subjective and organization-specific, limiting comparability.
- ✗
Provides financially meaningful results
Why it's wrong here
Financial meaning is a strength of quantitative analysis, not qualitative.
- ✓
Quick to perform
Why this is correct
Qualitative analysis can be performed rapidly using expert judgment.
- ✓
Easy to communicate to stakeholders
Why this is correct
Heat maps and ordinal scales are intuitive for non-technical stakeholders.
- ✗
Objective and repeatable
Why it's wrong here
Subjectivity is a limitation of qualitative analysis.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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