Project Risk Assessment: Qualitative Versus Quantitative Approach - Assignment Example

The potential for loss arises not only from microfactors like credit risk of the borrower but also from exogenous factors like political, social, and economic environments, which are beyond the control of any individual borrower--hence the concept of country risk and the associated practice of country risk assessment. ... riginally, the purpose of country risk assessment was to identify risks that could affect a borrower's ability to repay according to the terms of the loan....

a "mixed methods" approach) to give a more complete picture of the state of LIS practice; for example, a recent study of mature university students used qualitative interviews with students in conjunction with a textual discourse analysis of campus texts, as well as a manipulation of quantitative census data, to provide a broad contextual picture of students' academic information behaviors.... However, it is important to note that research paradigms are quite fluid, and that many researchers are now trying to expand beyond a single approach to obtain the best possible evidence....

Evidence based practice is an approach which tries to specify the way in which professionals or other decision-makers should make decisions by identifying evidence , rating it according to its scientific merit based , on qualitative and quatitative analysis.... As such it enables health practitioners of all varieties to address healthcare questions with an evaluative and qualitative approach.... hat is the imporatnce of EBP Why the necessity for adoption of EBP arose Evidence-based practice is a philosophical approach that is in opposition to rules of thumb, folklore, and tradition....

The author of this research proposal "risk Management in Logistics Support Technology for the Automotive Industry" comments on the concept of risk management and opportunity research which are used to understand obstacles in reaching business goals.... hellip; risk management research proposes to identify significant risks and their potential for negative impact, and the values of opportunities that have an impact on the business decision-making process....

he current approach of using a combined qualitative and quantitative research methodology is not capturing the most elusive aspects of offender's motivations, their own attitudes.... The data collection instruments will generate both qualitative and quantitative dataThe data will be used to determine on ways of reducing the number of probation violations of women offenders after their release from prison in the state of Delaware3.... 2 Data AnalysisDescribe analysis procedures for each data type including: audiotapes, transcripts, videotape, field notes, photos, descriptive analysis, other quantitative analysis, etc....

risk assessment is important because it provides organizations with a clear view of the risks posed by current and future processes, investments, or operations.... risk assessment is part of management since risk plays an important role in decision-making.... Without risk assessment,… usinesses stand to lose money and assets through poor decision-making, poor investment choices, and poor understanding of their industries (Hussain, Hussain, Dillon & Chang, 2014)....

In the paper “Risk Management within Multinational Banking” the author discusses the purpose of country risk assessment, which was to identify risks that could affect a borrower's ability to repay according to the terms of the loan.... hellip; The author states that country risk assessment entails the identification; a qualitative and quantitative analysis and measurement of the political, economic, social, and natural conditions in the country; and the degree to which these exogenous factors can impinge on the borrower's capacity to conform to the terms of the loan agreement....

The mathematical methods discussed in detail above are the techniques of range estimation based on expert opinion, systems approach using Monte Carlo algorithms, multiple-layer grey evaluation, rough set and informational entropy approaches, and approaches that utilize a combination of fuzzy logic, particle swarm optimization (PSO) and artificial neural networks (ANN), each of which is examined in terms of its characteristics and effectiveness in this report.... nbsp; This leads risk to be evaluated often by potential payoff versus potential loss or harm....