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When аnаlyzing а risk that we dо nоt have a large amоunt of historical information (such as Strategic Risks) we need to make educated estimates on: 1) the potential outcomes of a decision; and 2) the frequency and severity of those outcomes. However, to properly analyze the risk, we need to take this more high-level estimate "Qualitative" analysis; and transform it so we can perform a more "Quantitative" analysis There is a tool we can use to diagram a firm's decision (the uncertain event): and then map out the various outcomes that could result from that decision. We then use this tool to complete a Probability Distribution, so we can perform a more "Quantitative" analysis. What is this tool that can be used to take a "qualitative analysis" and transform it into more of a "quantitative analysis"?