Key Concepts of Service Management Flashcards

1
Q

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

A

Service

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2
Q

A set of specialised organisational capabilities for enabling value to customers in the form of services

A

Service Management

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3
Q

A person/group of people that has its own function with responsibilities, authorities and relationships to achieve its objectives.

A

Organisation

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4
Q

The perceived benefits, usefulness and importance of something.

A

Value

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5
Q

A person who defines the requirements for a service and takes responsibility for the outcomes of service consumption

A

Customer

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6
Q

A person who uses a service.

A

user

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7
Q

A person who authorises budget for service consumption

A

Sponsor

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8
Q

A formal description of one or more services, designed to address the needs of a target consumer group. May include goods, access to resources, and service actions.

A

Service offering

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9
Q

A configuration of an organisation’s resources designed to offer value for a consumer.

A

Product

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10
Q

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

A

Utility

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11
Q

The assurance that a product or service will meed agreed requirements.

A

Warranty

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12
Q

Activities performed by a service provider to provide services.

A

Service Provisioning

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13
Q

Activities performed by a service consumer to consume services.

A

Service consumption

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14
Q

Joint activities performed by a service provider and a a service consumer to ensure continual value co-creation based on agreed and available service offerings.

A

Service relationship management

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15
Q

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

A

Cost

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16
Q

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

A

Cost

17
Q

Tangible or intangible deliverable of an activity.

A

Output

18
Q

The result of a stakeholder enabled by on or more outputs.

A

Outcome

19
Q

A possible event that could harm or make it more difficult to achieve objectives

A

Risk