Definitions Flashcards
ITIL Definition of Service Management
A set of specialized organizational capabilities for enabling value for customers in the form of services.
ITIL Definition of a Product
A configuration of an organization’s resources designed to offer value for a consumer.
ITIL Definition of a Service
A means of enabling value co-creation by facilitating outcomes that customers want to achieve, without the customer having to manage specific costs and risks.
ITIL Definition of an Organization
A person or a group of people that has its own functionswith responsibilities, authorities, and relationships to achieve its objectives.
ITIL Definition of a Customer
A person who defines the requirements for a service and takes responsibility for the outcomes of service consumption.
ITIL Definition of a Sponsor
A person who authorizes budget for service consumption.
ITIL Definition of a User
A person who uses services.
ITIL Definition of Value
The perceived benefits, usefulness, and importance of something.
ITIL Definition of Output
A tangible or intangible deliverable of an activity.
ITIL Definition of Outcome
A result for a stakeholder enabled by one or more outputs.
ITIL Definition of Costs
The amount of money spent on a specific activity or
resource.
ITIL Definition of Risk
A possible event that could cause harm or loss or make it more difficult to achieve objectives.
ITIL Definition of Utility of a Service
The utility is the functionality offered by a product or a service to meet a particular need.
ITIL Definition of Warranty of a Service
Warranty provides assurance that a product or a service will meet its agreed requirements.
ITIL Definition of Service Relationships
A cooperation between a service provider and service consumer. Service relationships include service provision, service consumption, and service relationship management.
Holistic Approach to Service Management
The Four Dimensions
1. Organization and people 2. Information and technology 3. Suppliers and partners 4. Value streams and processes
ITIL Definition of Value Streams
A series of steps an organization undertakes to create and deliver products and services to consumers.
ITIL Definition of a Process
A set of interrelated or interacting activities that transform inputs into outputs. A process takes one or more defined inputs and turns them into defined outputs. Processes define the sequence of actions and their dependencies.
ITIL Definition of Service Value System
The ITIL SVS describes how all the components and activities of the organization work together as a system to enable value creation.
ITIL Definition of Opportunity
Opportunity represents options or possibilities to add value for stakeholders or otherwise improve the organization.
ITIL Definition of Demand
Demand represents the need or desire for products and services from internal and external customers.