Answer :
B) The best type of risk analysis for lifeline infrastructure depends on the context; both qualitative and quantitative methods are useful, with quantitative methods providing a more detailed analysis when data is available.
When considering risk analysis for lifeline infrastructure, the best approach can vary depending on specific circumstances, hence the answer is 'It Depends'. Qualitative methods are useful when quantitative data is not available and can serve as a preliminary assessment tool.
However, for a more comprehensive and accurate picture, quantitative methods, which include deterministic and probability-based analyses, are generally preferred. These methods enable the quantification of risks based on seriousness and frequency, thus providing a clearer understanding of potential risks and necessary mitigation strategies.
In conclusion, for lifeline infrastructure risk analysis, both qualitative and quantitative methods have their roles, but the choice largely depends on the availability of data and the level of detail required for the analysis.
