Section #2 Flashcards

1
Q

What is the Purpose of the Service Strategy Lifecycle Phase?

A

Define perspective, position, plans and patterns to be able to execute to meet an organization’s business outcomes.

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2
Q

ITIL discusses 3 Types of Services

A
  1. Core - basic functionality
  2. Enabling - provide access to core services
  3. Enhancing - provides differentiation
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3
Q

Value Creation through Services

A
  1. Business Outcomes
  2. Preferences
  3. Perceptions
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4
Q

What is “A possible event that could cause harm or loss”

A

A Risk

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5
Q

List 3 Service Strategy Processes of ITIL

A
  1. Service Portfolio Management
  2. Business Relationship Management
  3. Financial Management for IT Services
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6
Q

3 main components of Service Portfolio Management

A
  1. Service Pipeline
  2. Service Catalogue
  3. Retired Services
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7
Q

What focuses on the relationship between a customer and on ensuring that the service provider understands the customers needs?

A

Business Relationship Management

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8
Q

Financial Management for IT Services Process

A

Accounting
Budgeting
Charging

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9
Q

What document provides a justification for significant items of expense?

A

Business Case

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