8. A computerized method for correlating operational events with enterprise processes to evaluate impact of network occurrences comprising: identify a model of events and objects, the model operable to enumerate events corresponding to objects and further operable to enumerate objects corresponding to other objects via a relation and wherein objects are manageable entities in a storage area network, the manageable entities responsive to a server and console controlling the storage area network; selecting, based on a level of overview scrutiny of the network, objects indicative of performance to monitor, selecting the objects indicative of performance to monitor further comprising: determining, based on a set of business processes, business operations dependent on particular manageable entities; and designating the determined manageable entities as manageable entities of interest for monitoring; enumerating events operable to affect one of the selected objects to be monitored; building, by observing interconnections between the objects, virtual relationships between objects, interrelations indicative of a dependency relation between objects; identify events directly affecting at least one of the selected objects; traverse the built virtual relationships to determine objects indirectly affected by the identified directly affected object; registering with an event service to receive events corresponding to an occurrence of an enumerated event; awaiting an occurrence of an event corresponding to a registered event; reporting the event and the indirectly, affected objects; and identifying, in a SIM manager, enterprise processes corresponding to the indirectly affected objects.
9. The method of claim 8 further comprising: displaying via a graphic output device, affected manageable entities; and tagging affected objects indicative of the sequence of relations affecting successive objects, the tagging indicative of direct and indirect impact of the events.