Definition(s)


Asset Category

Assets may be categorized in many ways. Among these are:

  • People,
  • Hazardous materials (used or produced),
  • Information
  • Environment
  • Equipment
  • Facilities
  • Activities/operations
  • Company reputation

Source:API STANDARD 780, Security Risk Assessment Methodology for the Petroleum and Petrochemical Industries, First Edition, May 2013. Global Standards

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