Which of the following approaches seeks to predict the likelihood of a threat happening and assigns financial values in the case of a loss?

Quantitative risk assessment involves assigning numerical values to the probability and impact of an event. Change management is the process of overseeing configuration alterations made to a network. Vulnerability assessment involves identifying, quantifying, and ranking weak points in a system. Qualitative risk assessment involves ranking different risks based on their level of danger using labels such as low, medium, and high.