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20 Cards in this Set
- Front
- Back
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Proper information management program involves creating and following policies and procedures based on the principles that....
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1. Information assets are corporate assets.
2. Information must be made available and shared. 3. Information the organization needs to keep is managed and retained corporately |
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Porters Five Forces
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Framework for industry analysis and business strategy development.
Derive five forces that determining a market's competitive intensity and thus its attractiveness. |
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PEST analysis
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Political, Economic, Social and Technology
Describes framework of factors an organization should take into consideration when seeking to understand market growth or decline, business position, business potential, and future direction |
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SWOT
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Strengths, Weaknesses, Opportunities, Threats
Evaluate how well an organization is prepared to achieve a particular objective based on positive and negative internal and external forces |
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Balanced Scorecard
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Organizational evaluations should encompass not only traditional finances, but also the likes of customer satisfaction, internal process efficiency and the ability to innovate.
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Business impact analysis
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Aimed at differentiating between critical and non-critical organization functions or activities.
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Business impact analysis assign 2 values to each critical function
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Recovery Point Objective
Recovery Time Objective |
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Recover Point Objective
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Acceptable latency of data that will be recovered
A point set to ensure the maximum tolerable data loss for each activity is not exceeded |
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Recover Time Objective
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Acceptable amount of time to restore the function
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Risk analysis
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Focuses on potential risks and opportunities, rather than the most critical points of possible failure.
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Analytic review
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Auditing process that tests relationships and looks for unusual changes and questionable items among the factors being studied.
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Predictive analysis
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Various statistical and analytical techniques employed in the development of models that forecast behaviours or events.
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Items to consider when analyzing and quantifying risks
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Understanding the responses that are available in the event the risk becomes real
Gauging your organization's willingness to accept the risk Determining its tolerance of the outcomes of the risk |
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10 attributes that make metrics effective
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1. Strategic, helping an organization monitor wheter it is making progress toward its goals
2. Simple, ensuring calculations, targets, and what is being measured is understandable 3. Owned, so that someone is held accountable for its outcome 4. Actionable, so that corrective measures can be taken to improve performance 5. Timely, so that action can be taken before it is too late 6. Referenceable, so users can have confidence in the data 7. Correlated, to ensure the metrics are driving desired outcomes Game-proof, limiting the impact of potentially negative influences Aligned, to avoid undermining corporate objectives through diffusion of energy Standardized, to promote consistent use throughout an organization |
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Maturity model
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Benchmarks an organization's performance against that of others, or developing an understanding of how it can best improve its performance
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Industry analysis
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Understand the latest technology trends in and around the organization's areas of activity
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Internal IT impact analysis
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Used to determine which of your IT-related services or assets are most essential to protect
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A service is essential when...
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...disclosing, modifying, misusing, or destroying it will impede the organization's progress toward achieving its goals in mission critical areas such as finance, compliance, reputation and human safety
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Elements of Classical Life Cycle Impact Assessment
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Selection of impact categories, category indicators, characterization models
Classification of specific inventory parameters Impact measurement, quantifying the damage that would result form an issue with particular assets |
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Strategic positioning
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Concerned with assembling a set of activities that deliver a unique combination of values, resulting in a competitive advantage that is not easily replicated
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