Service Value Chain Flashcards

1
Q

What do service providers need that covers all the key activities required to effectively manage products and services?

A

An Operating Model (SVC)

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2
Q

What describes activities an organization takes in the creation of value?

A

Value Streams

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3
Q

What are the 6 activities of the SV Chain?

A

Plan, Improve, Engage, Design & Transition, Obtain/Build, Deliver & Support

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4
Q

What is a description of Deliver & Support?

A

Day-to-day delivery of solutions; support for user needs related to the services

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5
Q

What activity of the SVC ensure service components are available when & where needed per specifications?

A

Obtain/Build

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6
Q

Ensuring products and services meet stakeholder’s expectations for cost, quality, and time-to-market describes what SVC activity?

A

Design & Transition

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7
Q

Understand stakeholder needs and facilitating transparency, are examples of what SVC activity?

A

Engage

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8
Q

By ensuring shared understanding of vision, current status, & improvement direction what SVC activity is being exercised?

A

Plan Activity

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9
Q

The Input/Output relationships are always linear and One-to-one.

A

False

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10
Q

What are the 4 Input/Output relationships?

A

Linear, One-to-One, One-to-Many, Many-to-One

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11
Q

What is the SDP?

A

Service Design Package

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12
Q

What activities requires the plan, the architecture information, customer requirements, and other information from Engage?

A

Design Activity

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13
Q

What activity acts upon Build’ products &/or service using components from Obtain/Build?

A

Transition

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14
Q

Where is the Service Design Package created?

A

In the Design & Transition activity

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15
Q

What is the Service Design Package?

A

A package of how the products and services are going to be developed, created, delivered, deported, and transitioned

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16
Q

Ensure that services are delivered and supported according to agreed specifications and stakeholders’ expectations is the purpose of which SVC activity?

A

Deliver & Support

17
Q

In which activity do you create data about incidents, service requests, events, and other performance data that is used to identify potential service improvements?

A

Deliver & Support

18
Q

Which value chain activity creates service components?

A

Obtain/Build

19
Q

Which value chain activity includes negotiation of contracts and agreements with suppliers and partners?

A

Engage