Question

A(n) _____________ is a quick determination of the extent of damage or loss and the associated cost or value associated with an incident.

Answer 1

An “incident impact assessment” is a quick determination of the extent of damage or loss and the associated cost or value associated with an incident. This kind of situation appears mostly in businesses, such as service management. The definition is all in the name; the identification of the cost of the situation is addressed along with the extent of the damage done. If you need any extra help, let me know and I will gladly assist you.