One of the primary concerns of risk management is asset valuation, which is the process of calculating the fair market value of an asset. The asset value can be calculated using the asset replacement value or the asset's worth to the organisation. The value can also be calculated by combining both values. Is it more difficult to quantify people assets or digital assets? Why?

Information Technology Project Management
9th Edition
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Kathy Schwalbe
Chapter11: Project Risk Management
Section: Chapter Questions
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One of the primary concerns of risk management is asset valuation, which is the process of calculating the fair market value of an asset.
The asset value can be calculated using the asset replacement value or the asset's worth to the organisation.
The value can also be calculated by combining both values.
Is it more difficult to quantify people assets or digital assets?
Why?
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