Which of the following is NOT one of the advisory steps in a qualitative approach?

The choice of ignoring potential assets at risk is indeed not one of the advisory steps in a qualitative approach to risk assessment. In qualitative risk assessments, it is essential to identify and consider all potential assets at risk because these assets form the foundation of understanding what needs protection and prioritizing security measures accordingly.

By focusing on potential assets, organizations can develop a clearer view of where vulnerabilities may exist and the types of risks they face, which is critical for effective risk management. Each of the other options represents a valid advisory step that aids in the overall evaluation of risk and developing mitigation strategies. For instance, studying feasibility, specifying risk events, and performing a cost/benefit analysis are all vital steps in ensuring that risks are properly managed and that resources are allocated effectively to mitigate those risks.