ITIL Service Value System (SVS) Flashcards

1
Q

What is demand?

A

The input into the service value system based on opportunities and needs from internal and external stakeholders.

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2
Q

What are opportunities?

A

Options or possibilities to add value for stakeholders or otherwise improve the organization.

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3
Q

What are the seven guiding principles?

A

They are the following recommendations (not mandates):
- Focus on value.
- Start where you are.
- Progress iteratively with feedback.
- Collaborate and promote visibility.
- Think and work holistically.
- Keep it simple and practical.
- Optimize and automate.

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4
Q

What is agile way of working?

A

Focus on delivering small, incremental improvements by small teams. It is timeboxed, flexible and adaptive. Supports rapid change.

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5
Q

What is DevOps?

A

An approach to organizing teams that delivery software to live environments, in relationship with representatives and stakeholders. Applies Agile.

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6
Q

What is governance?

A

Organizational governance evaluates, directs and monitors all the organization’s activities, including management.

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7
Q

What can be adopted as a means to determine the organization’s own governance principles?

A

Guiding principles and continual improvement.

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8
Q

What is the service value chain?

A

The central part of the SVS. Outines key activities for managing products and services.

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9
Q

Which six activities does the service value chain cover?

A
  1. Plan at any level.
  2. Improve at any level.
  3. Engage with all stakeholders.
  4. Design and transition of products and services.
  5. Obtain/build.
  6. Deliver and support of services.
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10
Q

What triggers the delivery of products and services and value?

A

Demand.

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11
Q

What are products and services -and value- in relation to the Service Value Chain?

A

Output.

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12
Q

What are ITIL practices?

A

Practices that the service value chain activities use to convert their inputs to outputs.

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13
Q

What is the purpose of the plan value chain activity?

A

To ensure a shared understanding of the vision, status and improvement direction in all four dimensions and all products and services.

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14
Q

What are key inputs of plan?

A

Improve -> performance information, improvement initiatives, status reports, plans.
Policies, requirements and constraints.
Engage -> Demands and opportunities, knowledge and information about third-party.
Design and transition, obtain and build -> Knowledge and information about new and changed products/services.

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15
Q

What are outputs of plan?

A

Improvement opportunities -> improve.
Strategic, tactical, operational plans -> all.
Contract and agreement requirements, product and service portfolio -> engage.
Architectures, porfolios and decisions -> design and transition.

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