GAQM ISO27-13-001 Exam - Topic 7 Question 94 Discussion

Actual exam question for GAQM's ISO27-13-001 exam

Question #: 94
Topic #: 7

A couple of years ago you started your company which has now grown from 1 to 20 employees. Your company's information is worth more and more and gone are the days when you could keep control yourself. You are aware that you have to take measures, but what should they be? You hire a consultant who advises you to start with a qualitative risk analysis.

What is a qualitative risk analysis?

AThis analysis follows a precise statistical probability calculation in order to calculate exact loss caused by damage.

BThis analysis is based on scenarios and situations and produces a subjective view of the possible threats.

Show Suggested Answer

Suggested Answer: B

by Luis at Mar 25, 2025, 01:25 AM

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Lino

4 months ago

I’m not sure about this. Can subjective views really help in risk management?

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Harris

4 months ago

100% agree with B. You need to consider various situations to understand threats.

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Brandon

4 months ago

I think A sounds more accurate. Isn’t it supposed to be data-driven?

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Odette

4 months ago

Wait, so it’s subjective? That seems risky!

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Miriam

5 months ago

Definitely B! It's all about assessing risks based on different scenarios.

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Paulene

5 months ago

I could be wrong, but I thought qualitative analysis was more subjective, while quantitative was the one with precise calculations.

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Jesusita

5 months ago

This sounds similar to a practice question we did on risk management. I think option B fits better since it talks about scenarios.

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Melynda

5 months ago

I'm not entirely sure, but I feel like qualitative risk analysis involves gathering opinions and experiences to identify threats.

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Sharan

5 months ago

I remember studying risk analysis, and I think qualitative means it's more about assessing situations rather than crunching numbers.

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Vince

6 months ago

This is a good test of our understanding of risk analysis methods. A qualitative approach is more descriptive and judgment-based, while quantitative is all about the numbers. I'm confident option B is the right answer here.

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Alease

6 months ago

Hmm, I'm a little unsure about this one. Is a qualitative risk analysis the same as a scenario-based analysis? I want to make sure I don't confuse the two approaches. I'll re-read the question carefully before selecting an answer.

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Casandra

6 months ago

Okay, I think I've got this. The question is asking about the difference between a qualitative and quantitative risk analysis. Qualitative is more subjective and focuses on potential threats, while quantitative tries to calculate exact probabilities and losses. I'll go with option B.

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Adria

6 months ago

This question seems straightforward, but I want to make sure I understand the key concepts before answering. A qualitative risk analysis is based on scenarios rather than precise statistical calculations, right?

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Lisha

11 months ago

Wait, so we're not going to use any math or statistics? Just a bunch of 'scenarios and situations'? Sounds like a recipe for disaster to me. I want my risks analyzed with cold, hard numbers, not some consultant's gut feeling.

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Tamesha

10 months ago

I agree, I want to see the numbers too. But sometimes the human element can provide valuable insights that pure statistics might miss.

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Cristal

10 months ago

A) This analysis follows a precise statistical probability calculation in order to calculate exact loss caused by damage.

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Lachelle

10 months ago

B) This analysis is based on scenarios and situations and produces a subjective view of the possible threats.

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Lashaunda

11 months ago

Qualitative, huh? Well, at least it's not quantitative, which is just a fancy way of saying 'boring'. I say we go with the subjective approach and see what kind of crazy threats we can come up with.

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Yaeko

11 months ago

Let's get creative with those threats and see where it takes us!

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Rodrigo

11 months ago

B) This analysis is based on scenarios and situations and produces a subjective view of the possible threats.

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Vallie

11 months ago

A) This analysis follows a precise statistical probability calculation in order to calculate exact loss caused by damage.

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Harrison

12 months ago

Hold on, you're telling me we're going to look at 'scenarios and situations'? That's way too vague for my liking. I need hard facts and figures, not some consultant's best guess.

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Annice

12 months ago

Ah, a subjective view of the threats? Sounds like my kind of analysis! I bet we'll come up with all sorts of wild scenarios that keep us on our toes.

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Galen

10 months ago

B: It's going to be an interesting exercise for sure.

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Jean

10 months ago

A: I can't wait to see what kind of threats we come up with.

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Ronnie

11 months ago

B: Definitely! It's all about imagining different scenarios and how they could impact the company.

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Mindy

11 months ago

B) This analysis is based on scenarios and situations and produces a subjective view of the possible threats.

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Irma

11 months ago

A: Sounds like a fun way to analyze risks!

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Viki

11 months ago

A) This analysis follows a precise statistical probability calculation in order to calculate exact loss caused by damage.

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Ciara

12 months ago

But shouldn't we also consider statistical probability calculations for exact loss?

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Michel

1 year ago

A qualitative risk analysis sounds like a lot of guesswork to me. Why not just crunch the numbers and get precise probabilities? That's the only way to know for sure what we're dealing with.

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