ITIL 4 foundations

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54 Terms

1

governance

the means by which an organization is directed and controlled

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2

service management

A set of specialized organizational capabilities for providing value to customers in the form of services

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3

value

the perceived benefits, usefulness, and importance of something

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4

Who determines the perceived value?

the RECIPIENT

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5

value is objective

False

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6

organization

a person or a group of people that have it's own functions, responsibilities, and relationships to perform it's own activities

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7

What are the 2 roles an organization can provide?

  1. service provider

  2. service consumer

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8

Value is _______________ by the service provider and consumer

co-created

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9

What are the 3 roles for a consumer provider?

  1. user

  2. customer

  3. sponsor

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10

What is a user?

a person who uses the service

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11

What is a customer?

a person who defines the requirements and takes responsiblity for the outcome of the consumption

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12

What is a sponsor?

a person who authorizes the service for consumption, a person who provide financial capability

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13

service offering

a description of one or more services that are meant to address the needs of a target group

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14

service offering includes the following 3:

  1. goods

  2. access to resources

  3. service to actions

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15

access to resources

access to resources that are licensed to a consumer under agreed conditions

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16

service action

actions performed to address a consumer's needs

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17

service relationship

the cooperation between a service provider and a service consumer

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18

service provision

the services performed by the service provider, activities performed by an organization to provide services

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19

service consumption

activities performed by an organization to consumer a service

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20

What is an example of a service consumption?

request for data-rolling from service provider

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21

service relationship management

activities that a service provider and service consumer do, working together to enable value co-creation based upon agreed service offerings

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22

A organization can never be both a service provider and a service consumer

False

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23

What is an example of a sponsor?

A parent buying a car for his/her teenage child

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24

service

means of enabling value by facilitating outcomes that customers want to achieve, without the customer having to manage costs and risks

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25

outcome

a result for a stakeholder created by one or more outputs

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26

output

tangible items from using the service

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27

outcome vs output

outcome achieve results (watching the ITIL videos leads to student passing exam), output are items created (an outline of all the videos for ITIL)

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28

cost

amount of money spent on an activity or resource

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29

Cost is always measured in money

False. Cost can be measured in man-hours or FTEs

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30

What is an FTE?

full time employee that works 40 hrs/week and 2000 hrs/year

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31

risk

possible event that could cause harm, loss, or make it even more difficult to achieve objectives

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32

Things to do with risk

  1. Avoid

  2. Accept

  3. Mitigate

  4. Transfer

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33

Risk avoidance

removing risks from the service

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34

risk acceptance

used when risk is considered low

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35

risk transfer

used when you insure against a risk

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36

risk mitigation

used when you implement technology or processes to reduce risk

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37

utility

fit for purpose

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38

warranty

Assurance by the seller that the products will perform as represented

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39

fit for use

warranty

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40

"how a service does it"

warranty

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41

"what the service does"

utility

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42

Both utility and warranty is required for a service organization

True

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43

Areas that warranty addresses

availability, capacity, security levels, continuity

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44

Areas that concerns utility

"fit for purpose"

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45

What's the difference between IT Service technology and IT Service Management?

IT service technologies support the end users

IT service management technologies are tools that support internal workflows and processes, allowing internal teams to support the users

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46

A partnership...

share common goals and risks, collaborate to achieve desired outcomes

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47

A supplier relationship has

formal contracts and a clear distinction in roles

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48

service integration and management

involves use of specially established integrators to ensure that service relationships are properly coordinate

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49

service integrator

individuals who manage and connect all suppliers for an organization

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50

partner vs suppliers

partners are more closely tied to the business while suppliers are more commoditized

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51

value stream

a series of steps an organization takes to deliver products and services to consumers

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52

process

a set of related activities that transform inputs into outputs, thus adding value

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53

What is the PESTLE model?

P - political E - economic S - social T - technological L - legal E - environmental

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54

What is a service value system (SVS)?

describes how

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