Appraisal is the analysis of an organisation’s business context, business activities and risks. This will determine what information and records need to be created, what are of high risk/high value, and how long they need to be managed to meet business and community needs and expectations.
Information and records are at the core of government business and are a key strategic asset.
Information assets, like other assets of an organisation, need to be identified and managed so their maximum value can be utilised and they can be appropriately accessed, used, shared and disposed of. Organisations can use the checklist in this factsheet to assist when identifying their information assets, as well as when assessing and determining their value and risk.