In project management, which analysis method combines qualitative and quantitative aspects?

Integrated Risk Analysis is the correct choice as it effectively incorporates both qualitative and quantitative approaches to risk assessment in project management. This method involves identifying potential risks and their impacts while also providing a numerical evaluation of those risks. By merging qualitative insights, such as risk identification and the likelihood of occurrence, with quantitative data like financial impacts or statistical probabilities, Integrated Risk Analysis offers a comprehensive view of risk management.

This combined approach allows project managers to prioritize risks based on their potential impact and likelihood, facilitating informed decision-making. It enables better resource allocation and risk mitigation strategies by providing a clearer understanding of risks both in terms of their subjective assessments and measurable metrics.

The other methods listed, while relevant in various contexts, may emphasize a singular approach or either qualitative or quantitative analysis without the integration that is critical for a holistic risk management strategy. Therefore, Integrated Risk Analysis stands out for its ability to bridge these two dimensions seamlessly.