Gartner Research

Q&A on the Value of Quantifying Risk vs. Qualifying Risk When Communicating With the Business

Published: 01 May 2008

ID: G00157368

Analyst(s): Paul Proctor , Jeffrey Wheatman

Summary

During a round-table session at the 2008 Gartner Compliance and Risk Management Summit, we addressed a common misconception regarding the relative importance of quantification and qualification when performing risk assessments.

Table Of Contents
  • How do I more effectively communicate risk information to the business? I know the information that I have to offer would enable that group to more effectively and efficiently run the business, and understand the value of risk management initiatives sufficiently to support them with funding.
  • Should risk discussions focus on quantitative or qualitative measures when reporting on technology and business risks?

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