1. Discuss the critical components of a risk assessment, and why they are so important to include in the planning and execution. 2. Our text book discusses the probability scale (see p. 121) being low

1. Discuss the critical components of a risk assessment, and why they are so important to include in the planning and execution.

2. Our text book discusses the probability scale (see p. 121) being low, medium and high. Are there other scales used in the private industry? From your research, do they match in content to the one referred to in our textbook?

3. Explain when you believe a qualitative risk assessment would be more appropriate to perform, rather than a qualitative.

Make sure you use sources and share them with your answers 

Please answer to the 3 post in the doc file as well (at least 50 words)