I think I'm going to go with option A. An "absolutely objective" risk metric just doesn't seem feasible in the real world. Gotta be willing to accept some subjectivity.
Six Sigma could be a good approach, but I'm not convinced it's the "best" option. Might depend on the specific context and type of risk we're talking about.
Quality function deployment could work, but I'm not sure it's the most "objective" metric. Might be more focused on customer perception than pure risk assessment.
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