A city council must decide whether to issue bonds that fund a multi-million-dollar SCADA upgrade and wants a dollar-based annual risk figure for outage exposure. Which analysis approach best fits that decision?
Select an answer to reveal the explanation.
Short Explanation
When the council is writing checks and floating bonds, they want dollars—not just a red sticky note. Quantitative SLE/ARO/ALE turns impact and frequency into an annualized money number they can compare to the upgrade cost.
Full Explanation
Qualitative analysis ranks risk with ordinal scales such as heat maps and suits prioritization workshops. Bonding and capital decisions usually need monetary estimates. Quantitative analysis combines single loss expectancy and annualized rate of occurrence into annualized loss expectancy so leadership can compare expected loss to control investment.