1 - Understand the key concepts of service management Flashcards

1
Q

A means of enabling value co-creation by facilitating outcomes customers want to achieve, without the customer managing specific costs and risks.

A

What is a service?

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2
Q

The functionality offered by a product or service to meet a particular need.

A

utility

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3
Q

Assurance that a product or service will meet agreed requirements.

A

warranty

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4
Q

A person or organization that defines requirements for a service and takes responsibility for outcomes of service consumption.

A

customer

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5
Q

A person who uses services.

A

user

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6
Q

A set of specialized organizational capabilities for enabling value for customers in the form of services.

A

service management

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7
Q

A person or organization that authorizes budget for service consumption

A

sponsor

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8
Q

The amount of money spent on a specific activity or resource.

A

cost

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9
Q

The perceived benefits, usefulness, and importance of something.

A

value

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10
Q

A group of people with its own functions and objectives

A

organization

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11
Q

A result for a stakeholder enabled by one or more outputs

A

outcome

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12
Q

A tangible or intangible deliverable of an activity.

A

output

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13
Q

A possible event that could cause harm or loss or make it harder to achieve objectives.

A

risk

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14
Q

Fit for purpose – functionality offered to meet a need

A

utility

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15
Q

Fit for use – assurance that a service meets agreed performance levels

A

warranty

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16
Q

A description of one or more services designed to address the needs of a target consumer group.

A

service offering

17
Q

Joint activities performed by a service provider and a service consumer to ensure continual value co-creation

A

service relationship management

18
Q

Activities performed by a service provider to ensure services are delivered as agreed.
Question: What is service provision?

A

service provision

19
Q

Activities performed by a service consumer to use services

A

service consumption