Asset and Change Management

Question 1

Process of obtaining goods and services

Answer 1

Acquisition

Question 2

Entire process of sourcing and obtaining those goods and services, including all the processes that lead up to the acquisition

Answer 2

Procurement

Question 3

■ Ensures purchase alignment with company goals
■ Validates budget allocation
■ Assesses security and compatibility with existing infrastructure

Answer 3

Internal Approval Process

Question 4

■ Product compatibility assessment
■ Security checks and configurations
■ User training
■ Integration into the existing workflow

Answer 4

Post-Approval Procurement

Question 5

● Employees use personal devices for work
● Cost-effective for employers
● Drawbacks include reduced control over security and device management

Answer 5

BYOD (Bring Your Own Device)

Question 6

● The company provides devices for employees
● Greater control over security and standards
● Higher initial investment
● Employees may have privacy concerns or need to carry two devices

Answer 6

COPE (Corporate-Owned, Personally Enabled)

Question 7

● Employees select devices from a company-approved list
● Balance between employee choice and organizational control
● Similar drawbacks to COPE in terms of initial cost and potential privacy concerns

Answer 7

CYOD (Choose Your Own Device)

Question 8

Systematic approach to governing and maximizing the value of items an entity is responsible for throughout the asset’s life cycle

Answer 8

Asset Management

Question 9

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