Developing your information management plan

Assignment Help Management Theories

Reference no: EM133536252

Question: You're still working for Fleetwings, or medium-sized manufacturer and distributor of parts and subsystems for aviation customers around the world.

As the next step in developing your information management plan, you've decided that it's time to take stock of the company's information assets, evaluate them in a consistent way, and prioritize them from a risk management perspective.

Information assets can be data, process knowledge, other intellectual property, or the systems and technologies that the company uses to create, acquire, use, modify, store, share, and dispose of such information.

PLEASE NOTE: Information assets ARE NOT the hardware the data or ideas is stored in, processed with, or shared over.

Develop a table of information assets, one row per asset. For each asset, show the following:

A short name for the asset
A brief statement of its use
Summarize where in the company it is used (globally, only in one regional office, on the factory floor, etc.)
Type of asset: database, intellectual property, etc.
VALUE of the asset: this can be either:
Original cost to acquire and operate (this tends to decrease with time, due to depreciation and amortization write-offs)
Revenue (expected or planned) that the asset is a critical path contributor to
Replacement cost (which may be greater or less than the original acquisition cost)
And your rationale for how you came up with that value
Outcomes that critically depend on this asset (results that cannot be achieved if the asset is unavailable or cannot be used)

Reference no: EM133536252

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