Which of the following statements best describes the concept of risk and uncertainty analysis?

A. Risk and uncertainty analysis involves quantifying the probability of different outcomes and their associated impacts.
B. Risk and uncertainty analysis refers to the process of eliminating all potential risks and uncertainties from a project or decision.
C. Risk and uncertainty analysis focuses solely on the negative aspects and potential losses associated with a project or decision.
D. Risk and uncertainty analysis is irrelevant in decision-making since it is impossible to predict or quantify risks and uncertainties accurately.

Choose the correct answer from the options given below: