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Is there any better way to do the qualitative risk analysis than risk matrix?

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Question added by Saadil Pezhumkattil Valenchery , Project Engineer/Senior Planning Engineer , WorleyParsons-Arabian Industries JV
Date Posted: 2016/07/20

You can always do the fish bone analysis and rank risks by either high severty or high frequency. The MATRIX analysis makes it easier to read for non-professional readers. 

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