Summary of Terminology Flashcards
What is Service Management?
A set of specialized organizational capabilities for enabling value for customers in the form of services.
What is Value?
The perceived benefits, usefulness and importance of something
What is an Organization?
A person or a group of people that has its own functions with responsibilities, authorities and relationships to achieve its objectives.
What is a Customer?
The role that who defines the requirements for a service and takes responsibility for the outcomes of service consumption.
What is a User?
The role that person who uses services.
What is Sponsor?
The role that authorizes budget for service consumption.
What is a 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.
What is a Product?
A configuration of an organization’s resources designed to offer value for a consumer
What is Service Offering?
A formal description of one or more services, designed to address the needs of a target consumer group. A service offering may include goods, access to resources, and service actions
What is Service Relationship?
A co-operation between a service provider and service consumer. Service relationships include service provision, service consumption and service relationship management.
What is Service Relationship Management?
Joint activities performed by a service provider and a service consumer to ensure continual value co-creation based on agreed and available service offerings.
What is Service provision ?
Activities performed by an organization to provide services
What is Service consumption?
Activities performed by an organization to consume services.
What is an Outcome?
A result for a stakeholder enabled by one or more outputs.
What is an Output?
A tangible or intangible deliverable of an activity.