Question

A risk analyst must estimate the likelihood and impact of a rare but severe supply-chain disruption for which the organization has no historical loss data. Management wants to avoid the situation where a single dominant senior executive skews the group's estimates during a live workshop. Which risk analysis approach BEST addresses this concern?

Accepted Answer

Use the Delphi technique, gathering anonymous expert input across multiple rounds with controlled feedback

Answer

Conduct a facilitated brainstorming session where all participants openly debate until they reach consensus

Answer

Apply a Monte Carlo simulation using the executive's single best-estimate figures as inputs

Answer

Calculate the annualized loss expectancy using industry-average exposure factors