ISRM W 7 D

An important step in risk management is identifying valuable assets in your organization. It can often be useful to approach an IT Management problem from the perspective of the seven domains of a typical IT Infrastructure.  This includes asset management and inventory management. 
1. Define "asset management" in your own words.

2.  Define "inventory management" in your own words

3. Discuss in your own words the difference between asset management and inventory management

4. Give an example when an organization would use both  asset management and inventory management