Asset valuation is the process of determining the fair market value of an asset, which is one of the first priorities of risk management. The asset value can be determined from the asset replacement value (how much does it cost to replace it) or what the asset provides to the organization (how much dollar value does the organization get from having the asset). The value can also be determined using a combination of both values. Are personnel assets (employees, vendors, etc) or data assets (business information, databases, financial records, etc) more difficult to quantify? Why?

Asset valuation is the process of determining the fair market value of an asset, which is one of the first priorities of risk management. The asset value can be determined from the asset replacement value (how much does it cost to

Asset valuation is the process of determining the fair market value of an asset, which is one of the first priorities of risk management. The asset value can be determined from the asset replacement value (how much does it cost to

Information Technology Project Management

9th Edition

ISBN:9781337101356

Author:Kathy Schwalbe

Publisher:Kathy Schwalbe

Chapter11: Project Risk Management

Section: Chapter Questions

Problem 2QQ

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