School case study

· Quantitative value: $375,000.00

· Rational: The school should protect themselves from any liability for loosing or damaging any student or member. Therefore, they should have an insurance for the students and staff. Usually each students costs $1000, and the staff member costs a little bit higher approximately $2500 because of their family responsibility. Now (300x1000) + (30x2500) = $375,000.00

· Always in any assets analysis, it is wisely and ethical to protect human life firstly above all other costs and assets.

2. Information-

· Quantitative value: $30,000,000

· Rational : The school has been in business for 10 years, and every year they expense $3,000,000 for operating cost. If something happened it would cost (10x 3,000,000) = $30,000,000 to recreate school’s information.

· It’s known that any organization can’t sustain if they can’t access their members information or their facilities.

3. Reputation-

· Quantitative value: $1,500,000

· Rational: The yearly profit for the school makes $15,000,000 every year. If something happened that harm or damage the school reputation, it may affect 10% drop in school income every year. (15,000,000 x 10%) = $1,500,000

· The reputation is very important because it is not replaceable. Also, If something happens and affects organization reputation, it means that this organization not able to achieve their goals.

4. Business process-

· Quantitative value: $18,000,000

· Rational : The school has a payroll system which keeps 30 staff members and teachers earning average $100,000 yearly (30 x 100,000 = $3,000,000). In addition, 300 students in the school (300 x $50,000 = $15,000,000), the quantitative value will be = 3,000,000 + 15,000,000 = $18,000,000

· Business process is important asset because the processes and procedures to create an income to the school will not be competitive to other schools and it will fail if something happened to this asset. Thus, we need a business process to generate a revenue.

5. The school building-

· Quantitative value: $15,000,000 (The higher lost value)

· Rational : The building costs $6,000,000 and if something happened to the school building, it will cost the higher lost value which is the yearly profit to the school $15,000,000 per year. Even though the school can find another way to run the business like temporary building, but still the school building is an important way to the school revenue because as security specialist always we are looking and considering the higher lost value.

6. Servers-

· Quantitative value: $9,000,000

· Rational : the servers and other technical methods are considered as business process in a technical way. Basically it will automate the manual business process in order to increase the staff efficiency. Also it helps the teachers and staff members to increase their productivity. Therefore, server’s asset is a half quantitative value of a business process mentioned above in the asset number four.

7. Furniture-

· Quantitative value: $2,250,000

· Rational : the furniture costs $2,000,000 for the school, and this asset affects the school reputation if something happened to the school furniture. It will affect 25% from the school revenue (15,000.000 x 25%) = $2,250,000

8. Computer lab-

· Quantitative value: $1,507,000

· Rational : the computer lab in the school contains 25 computers, but to assign a quantitative value, we should do the calculation like this each computer costs $3,000 + to address a complaint $2,000 + 10 % damage the reputation of the revenue $1,500,000 + losing the computer, means looking for a new teacher $2,000 = $1,507,000

9. Student server-

· Quantitative value: $25,000

· Rational : Student server is not a critical asset if we lose it, and it is considered as business process. To assign a quantitative value to this asset, we should consider different factors like (replacement cost) $5,000 + (rebuild cost) $3,000 + (address the complaint) $2,000 + (recreate the information) $5,000 + (damage to the reputation) $10,000 = $25,000

10. The principal notebook

· Quantitative value: $2,500

· Rational : The school principal notebook is not a high important asset to the school, and it will not affect the school reputation. Thus, to assign a quantitative value will look to the following: (cost of replacement) $2,000 + (recreate the information with students information and some school processes) $500 = $2,500

Executive Summary:

Based on the state of human life in the world/schools, there is need to make an evaluation of what factors should be considered so as to limit on the incidences of discomfort in the premises. The primary objective of analyzing these assets in the institution is to improve and implement the appropriate protection of these assets. However, the concept often looks at the classifications of these assets, their use in the premises, and the related responsibilities that they are likely to offer to the population. According to the scenario provided, there is a need to focus on the above assets prioritize based on their importance to the function of the school.

Regarding the institution’s situation, there is a need for implementing adjustment programs that will create an environment of even use of the facility thus limiting incidences of congestion in various locations of the school. Such a factor is based on the aspects of the amount of material that is present in the school as compared to the number of people that are supposed to use these resources. Keeping other factors constant, some of the reasons that demand evaluation, assigning, and the importance of each of the particular assets are even supply, proper utilization, and the need for the attainment of better education standards. The provided assets have unique roles that they play in the improvement of security levels on the school premises and also to the entire population of the institution. The need and importance of a single factor lead to the demand for another, hence creating a sequential chain of command on the needs of these assets. The main reason is to provide a satisfactory service to the school population.

Based on the list provided, human life may be considered as the major factor that can be used so as to improve the security in designated places in the school. Similarly, unhealthy environments will affect the health status of an individual hence providing an incident of losing lives or shortening of the individual’s way of life. In a sequential manner, human life will lead to protect the information, school’s reputation, business process, and School’s building. Also, it will lead to the need for more hardware in the school. The hardware includes more computers and servers in designated classes thus an increased demand for the aspects of software to be installed on these computers. The installation of these assets in the school will later require the need for the administration to recruit more personnel with unique qualifications so as the gadgets can be adequately used, last for a longer time, and also offer unique services to the existing users.

Based on the understanding of potential risks, a student in the school premises is often regarded as a delicate material as their lives are held in a different person’s hands. Nonetheless, any incident that may cause harm to their lives may lead to a conflict of filing a court case so as the involved parties can be held accountable for any atrocities that will have been caused by the school. There is a need to offer extra care and security in such areas so that the reputation of the institution is not damaged by the harmful activities that may be caused by the actions carried out in the school. Conclusively, the classifications of information in the school premises should be the initial step that will lead to the protection requirements and however the ratings should consider the provided assets regarding value, legal and regulatory requirements, sensitivity, and credibility.