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Governance, Risk, Audit & Privacy · Intermediate

Semi-Quantitative Risk Analysis

Hybrid approach that assigns numeric scores to qualitative scales to rank and combine risks.

Definition

Semi-quantitative analysis maps categories like low, medium, and high to numbers (for example 1 to 5) and multiplies or adds likelihood and impact scores to produce a risk score. It allows consistent ranking without full financial modeling. The numbers are ordinal, so arithmetic on them can be misleading.

Example

Likelihood 4 x impact 5 yields a risk score of 20 out of 25.

Exam tip

Recognize that scores in a 5x5 matrix are not true monetary values.

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