Refer To The Case Scenario Premiere Collegiate School Handout. Based on your discussion of this scenario in class, create an asset list in order of importance of each asset and then write an executive summary report: Identify all IT assets and enter a description of each into an asset identification and classification table, similar to the following. IT Asset Description IT Infrastructure Domain Privacy Data Impact Assessment [Critical-Major-Minor] Quantitative Value ($) Indicate in which of the seven domains of a typical IT infrastructure the asset resides. Indicate if the asset accesses customer privacy data or contains customer privacy data. Classify the IT asset as Critical, Major, or Minor. Critical: Generates revenues or represents intellectual property asset of organization Major: Contains customer privacy data. Minor: Required for normal business functions and operations. Assign a quantitative value ($) to each asset. Consider the measurable characteristics of each asset, such as the original cost and cost of replacement. Prioritize the order of the assets in the table based on their importance to the school. When prioritizing assets, consider why one asset should be protected more than another. Use the information in the table to create an executive summary that explains your list. This executive summary will be presented to the school’s board of directors. Required Resources Text Sheet: Case Scenario: Premiere Collegiate School (ts_premiercollegiateschool) Submission Requirements Format: Microsoft Word Font: Arial 12-point size, Double-space Citation Style: Follow your school’s preferred style guide Length: No more than 500 words legal_ts_casepremiercollegiate.docx By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with its policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.
Paper For Above instruction
The effective management of IT assets is critical for educational institutions like Premiere Collegiate School to safeguard their operational integrity, protect sensitive data, and maintain competitive advantage. This report provides an asset prioritization and classification based on a hypothetical scenario for the school, aiming to assist the Board of Directors in understanding key assets and their importance within the school’s IT infrastructure.
**Asset Identification and Classification Table**
IT Asset

Description
IT Infrastructure Domain
Privacy Data Access/Contains
Impact Assessment
Criticality
Quantitative Value ($)
Student Database Server
Central repository for all student records, grades, and personal data
Data Storage
Contains customer privacy data
Major Critical
$50,000
Learning Management System (LMS)
Platform for delivering online classes and tracking student progress
Application
Accesses customer privacy data
Major Critical
$75,000
Faculty Staff Workstations
Computers used by teachers and administrative staff
User Devices

Accesses customer privacy data
Minor
Major
$20,000 each
School Website
Public online portal providing information about the school
Web Infrastructure
Does not contain privacy data but could access privacy data via forms
Minor
Minor
$30,000
Financial Management System
System managing tuition payments and school finances
Financial Applications
Contains customer privacy data
Major Critical
$60,000
Wi-Fi Network Infrastructure
Wireless network supporting all school devices and staff
Network Hardware
Accesses customer privacy data
Major

Critical
$100,000
Security System (CCTV)
Video surveillance system for campus security
Physical Security
Does not contain privacy data
Minor
Major
$25,000
**Prioritization and Explanation**
Based on the analysis, the top priority assets include the Student Database Server, Learning Management System, and Wi-Fi Network Infrastructure. These are classified as Critical because their failure or compromise would directly impact the school's core operations and revenue streams. The Student Database Server is vital due to its containment of sensitive student information, which, if breached, could result in legal and reputational damage, warranting its high value of $50,000. Similarly, the Learning Management System is indispensable for delivering educational content and tracking progress, with its replacement cost estimated at $75,000, emphasizing its importance. The Wi-Fi Network Infrastructure is foundational for current digital learning modalities; its disruption would impair all digital access across the campus.
The Financial Management System, with a value of $60,000 and containing sensitive financial data, is also classified as Critical. Protecting this asset ensures the school's financial health and compliance. Conversely, assets like Faculty Workstations and the School Website are classified as Major and Minor, respectively, due to their lesser impact on core operations and data sensitivity.
In conclusion, prioritizing these assets ensures that the school can allocate resources effectively to safeguard its most vital technological components. Protecting the Student Database, LMS, and Wi-Fi network is essential for continuity, security, and safeguarding student and institutional data, thereby supporting the school’s mission of delivering quality education while maintaining compliance with privacy

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