ITIL4 Training Cram Flashcards
Definition: “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.
Definition: “Utility”
The functionality offered by a product or service to meet a paticular need.
What a service does - “FIT FOR PURPOSE”
Definition: “Warranty”
The assurance that a product or service will meet agreed requirements.
How a service performs - “FIT FOR USE”
Definition: “Customer”
The role that defines the requirements for a service and takes responsibility for the outcomes of service consumption.
Definition: “User”
The role that uses services.
Definition: “Service Management”
a set of specialized organizational capabilities for enabling value for customers in the form of services.
Definition: “Sponsor”
The role that authorizes the budget for service consumption.
The term is also used to describe an organization or individual that provides financial or other support for an initiative.
Concept: “Cost”
the amount of money spent on a specific activity or resource.
Concept: “Value”
the perceived benefits, usefulness, and importance of something.
Concept: “Risk”
a possible event that could cause harm or loss, or make it more difficult to achieve objectives (uncertainty of outcome).
Concept: “Organization”
a person or group of people that has its own functions with responsibilities, authorities, and relationships to achieve its objectives.
Concept: “Outcome”
a result for a stakeholder enabled by one or more outputs.
Concept: “Output”
a tangible or intangible deliverable of an activity.
Concept: “Service Relationship Management”
these are the joint activities performed by a service provider and a service consumer to ensure continual value co-creation based on agreed and available service offerings.
Concept: “Service Offering”
a formal description of one or more services, designed to address the needs of a target consumer group.
It may include goods, access to resources, and service actions.
Concept: “Service Provision”
the activities performed by an organization to provide services, including management and configuration of provider’s resources to deliver the service.
Features:
-ensures access to resources for users.
-fulfillment of the agreed service actions.
-service level management.
-continual improvement.
-the supply of goods.
Concept: “Service Consumption”
the activities performed by an organization to consume services.
Features:
-management of the consumer’s resources needed to use the service.
-service actions performed by users.
-the receiving (acquiring) of goods (if required).
“Goods” vs. “Access” vs. “Actions”
Goods: have the ownership transferred to a consumer.
Access: does not have the ownership transferred to a consumer.
Actions: are performed by the provider to address a consumer need.
Definition: “Product”
configuration of resources, created by the organization, that will be potentially valuable for their customers.
What IS the “Service Value System”?
Broad description!
a model representing how all the components and activities of an organization work together to facilitate value creation.
What are the components of the “Service Value SYSTEM”?
Start: Opportunity/Demand
1) Guiding Principles (top)
2) Governance (top)
3) Service Value Chain (middle)
4) Practices (bottom)
5) Continual Improvement (bottom)
End: Value (loops back to Opportunity/Demand)
What is the “Service Value Chain”?
the innermost cube of the “Service Value System” containing 6 main activites.
What are the components of the “Service Value Chain”?
1) Plan (Top)
2) Improve (Bottom)
3) Engage (Left)
4) Design & Transition (Middle)
5) Obtain/Build (Middle)
6) Deliver & Support (Middle)
Purpose: “Plan”
Ensure we all know our current status, vision for the future, and improvement direction for all products/services across the organization.
Purpose: “Improve”
Continuously improve all products, services, and practices across the the ENTIRE value chain.
Purpose: “Engage”
We continuously engage with stakeholders to understand their needs, be transparent, and maintain the relationship.
Purpose: “Design & Transition”
ensuring products and services continuously meet stakeholder expectations for:
-quality
-costs
-time to market
Purpose: “Obtain/Build”
Ensuring service components meet agreed specifications and are available when/where needed.
Purpose: “Deliver & Support”
ensure services are delivered and supported according to agreed specifications and stakeholder expectations.