Module 1 Flashcards

1
Q

What is Service Value System?

A

How components and activities of an organization interact to create value through IT enabled services.

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2
Q

What are the Core components of SVS?

A
  • Service Value Chain
  • ITIL practices
  • Guiding principles
  • Governance
  • Continual Improvement
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3
Q

What is ITIL Service Value Chain?

A

Flexible model for creation, delivery and continual improvement of services

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4
Q

What is definition of ITIL practices?

A

enhance flexibility of the service value chain by supporting multiple chain activities

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5
Q

What are ITIL guiding principles?

A

Help to guide decisions/actions; ensure shared understanding/unified approach.

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6
Q

What is definition of Governance?

A

keep alignment of operations and strategic direction

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7
Q

Definition of continual improvement.

A

Ongoing, continuous re-evaluation performed at all levels to ensure performance always meets shareholder expectations.

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8
Q

What are 4 dimensions of ITIL?

A

Organizations and People

Information and Technology

Partners and Suppliers

Value Streams and Processes

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9
Q

What is purpose of the 4 dimensions?

A

Help ensure Holistic approach to service management.

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10
Q

Key concepts of ITIL.

A
  • Guidance for good practice
  • Can be adapted to many business and stragies
  • Incorporates new methodologies
  • Holistic approach
  • Real world application
  • Provide services to customers that are fit for their purpose.
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