Critically analyze the advantages and disadvantages of quali…

Critically analyze the advantages and disadvantages of qualitative versus quantitative risk assessment methods in the context of developing a comprehensive risk management strategy. Provide examples of situations where one method may be more appropriate than the other. Important information List at least one advantage and one disadvantage for each. Also provide an example when it can be applied)  Exemplary answer could be in following format Qualitative Advantage: Disadvantage:  situation where qualitative will be more appropriate: Quantitative Advantage:  Disadvantage: situation where quantitative will be more appropriate: