Asset valuation is the process of determining the fair market value of an

asset, which is one of the first priorities of risk management. The asset

value can be determined from the asset replacement value or either what

the asset provides to the organization or the cost to recover the asset. The

value can also be determined using a combination of both values.

Answer the following question$($s$)$:

Are personnel or data assets more difficult to quantify? Explain your

answer.