Exam (elaborations)
ITIL 4 Exam Test Guide Questions and Answers
- Course
- Institution
ITIL 4 Exam Test Guide Questions and Answers
[Show more]
Content preview
ITIL 4 Exam Test Guide Questions andAnswers
Service Management - Answer-A set of specialized organizational capabilities for
enabling value for customers in the form of services
Service Management - Answer-A set of specialized organizational capabilities for
enabling value for customers in the form of services
Output - Answer-Tangible or intangible deliverable of an activity
Outcome - Answer-Result for a stakeholder produced by one or more outputs.
Cost - Answer-Amount or money spent on a specific activity or resource
Risk - Answer-Possible event that could cause harm or loss, of make it more difficult to
achieve objectives
Organization - Answer-A person or a group of people that has its own functions &
responsibilities, authorities & relationships to achieve its objectives
Value - Answer-Perceived benefits, usefulness, importance of something
Service offering - Answer-A 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.
Service relationships - Answer-A co-operation between a service provider and service
consumer. Service relationships include service provision, service consumption and
service relationship management
Service relationship management - Answer-Joint activities performed by a service
provider and a service consumer to ensure continual value co-creation based on agreed
and available service offerings.
Service Provision - Answer-Activities performed by an organization to provide services.
Includes management of resources, configured to deliver the service, access to these
resources for users, fulfilment of the agreed service actions, service performance
management and continual improvement. It may also include the supply of goods.
Service consumption - Answer-Activities performed by an organization to consume
services. Includes the management of the consumer's resources needed to use the
service, service use actions performed by users, and may include the receiving
(acquiring) of goods.
, Value stream - Answer-A series of steps an organization undertakes to create & deliver
products & services to consumers
Process - Answer-A set of interrelated or interacting activities that transform inputs into
outputs. A process takes one or more defined inputs and turns them into defined
outputs. Processes define the sequence of actions and their dependencies.
Practice - Answer-A set of organizational resources designed for performing work or
accomplishing an objective.
Continual improvement practice - Answer-The practice of aligning an organization's
practices and services with changing business needs through the ongoing identification
and improvement of all elements involved in the effective management of products and
services.
Configuration item (CI) - Answer-Any component that needs to be managed in order to
deliver an IT service
IT asset - Answer-Any valuable component that can contribute to delivery of an IT
product or service
Utility - Answer-The functionality offered by a product or service to meet a particular
need
Warranty - Answer-Assurance that a product or service will meet agreed requirements
ITIL Guiding Principles (definition) - Answer-Immutable organizational guides which are
universal, not impacted by changes to goals or strategy, or type of work or management
structure. Fundamental to Adoption of Service Management and Adaptation of the ITIL
framework
ITIL Guiding Principles (7) - Answer-1. Focus on value
2. Start where you're at
3. Progress Iteratively with Feedback
4. Collaborate and Promote Visibility
5. Think & Work Holistically
6. Keep it Simple & Practical
7. Optimize & Automate
Focus on Value (Guiding principle) - Answer-Know what the customer expects.
Everything an organization does to map, directly or indirectly, to value for the
stakeholders. Includes the experience of customers and users. (Guiding Principle)
Start Where You Are At (Guiding Principle) - Answer-You don't have a choice.
Understand the "delta". Assess what you have & don't have, what works & doesn't, if it
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80796 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now