Document background
The Criticality Assessment Matrix serves as an essential risk management tool for organizations operating in Saudi Arabia, where regulatory compliance and operational safety are paramount. This document becomes necessary when organizations need to systematically evaluate and prioritize their assets, processes, and systems based on their importance to business continuity, safety implications, and regulatory requirements. The matrix helps organizations comply with various Saudi Arabian regulations, including those from the High Commission for Industrial Security (HCIS), Civil Defense, and industry-specific requirements. It provides a standardized approach to assessing criticality across multiple dimensions such as safety, environmental impact, operational significance, and financial implications, enabling informed decision-making for resource allocation, maintenance planning, and risk mitigation strategies.
