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This risk assessment tool is a variation of the risk severity matrix that includes the ease of detection for each of the identified risks.

A. PERT simulation
B. FMEA analysis
C. Ratio/range analysis
D. Probability analysis
E. Semi-quantitative analysis

User Jmdecombe
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Final answer:

The risk assessment tool that accounts for the detection of risks in addition to their severity is the Failure Mode and Effects Analysis (FMEA).

Step-by-step explanation:

Semi-quantitative analysis assigns numerical values to different levels of risk severity and ease of detection. By combining these values, the tool helps prioritize and evaluate risks based on their potential impact and likelihood of being detected. The risk assessment tool that includes the ease of detection for each identified risk is known as B. FMEA analysis, which stands for Failure Mode and Effects Analysis. This tool is utilized to identify potential failure modes within a system, classify the severity of the effects, determine the likelihood of occurrence, and evaluate the ability to detect the failures. By combining these factors, FMEA helps prioritize risks based on their potential impact on the system and aids in the decision-making process for mitigation strategies.

User Ingmar
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