Instructions: There are different approaches to gathering risk data which include qualitative and quantitative data collection. Select three limitations to traditional cost risk analysis. Explain in 250 words how qualitative and quantitative data collection are different. Also, discuss how the risk driver approach can be useful in minimizing the limitation to traditional cost risk analysis. Please be sure to validate your opinions and ideas with citations and references in APA format. .

1. Instructions:
There are different approaches to gathering risk data which
include qualitative and quantitative data collection.
Select three limitations to traditional cost risk analysis. Explain
in 250 words how qualitative and quantitative data collection
are different. Also, discuss how the risk driver approach can be
useful in minimizing the limitation to traditional cost risk
analysis.
Please be sure to validate your opinions and ideas with citations
and references in APA format.