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Perform Internet research on qualitative risk analysis. Find and review three sources, along with the assignment readings DOD, Kerzner, PMBOK and Pritchard. These materials will help you answer the following questions:

  1. Define qualitative risk analysis and the key input(s) and output(s).
  2. What tools and techniques are recommended for qualitative risk analysis?
  3. What is a risk matrix, what are its key components, and how are they used in qualitative risk analysis?
  4. Describe the importance of having clearly defined impact and probability scales within a risk matrix.

Answer all four questions with good details and resources. Please cite your sources!

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