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Q103 (CISF/2025) Economy › Industry, Infrastructure & Investment

A process designed to systematically identify and evaluate an organisation's assets based on the importance of its mission or function, the group of people at risk, or the significance of a disruption on the continuity of the organization" refers to which one of the following terms ?

Explanation

Criticality analysis is a systematic method used to evaluate and rank the importance of various assets, systems, or processes within an organization. It assesses factors such as the impact on the organization's mission, the potential risk to personnel, and the consequences of service disruption on business continuity. This analysis helps organizations prioritize resources for maintenance, protection, and recovery strategies.

  • Critical activity: Refers to a specific task identified as vital to the delivery of a product or service, rather than the evaluation process itself.
  • Internal audit: A broader independent evaluation of an organization's internal controls, governance, and accounting processes to ensure compliance and efficiency.
  • Corrective action: Steps taken to eliminate the cause of a detected non-conformity or undesirable situation to prevent recurrence.
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