Peter’s risk assessment process includes calculations of single loss expectancy, the annualized rate of occurrence of risks, and the annualized loss expectancy. What type of risk assessment is Peter conducting?

Quantitative risk assessments assign numeric values and calculations to determine relative risk. Qualitative risk assessment uses knowledge and expertise to assess risk. Calculated risk is not a term that is commonly used to describe assessment processes like these, and risk registers list risks that an organization has identified but that don’t necessarily involve calculations.