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ITIL Foundations v5 objectives

ITIL v5 Notes

How objectives are weighted

Objectives with Notes

Key ITIL terms and definitions

Having a common vocabulary supports effective communication and consistent application of ITIL principles.

Product and service management

More than just operating a service, needs to be a disciplined approach to ensure digital solutions are aligned with organizational goals and consistently deliver value to stakeholders.

Manage the full lifecycle of products and services while adapting to changing consumer needs.

The design, delivery and continual improvement of digital products and the services that support / enable them.

Define digital product and service management

Digital product and service management: a set of specialized activities enabling value co‑creation.

Define digital product

A digital product: a configuration of an organization’s resources based on digital technology and designed to offer value to consumers.

Define digital service

Digital service: a service that fully or largely relies on digital products.

Define continual improvement

Continual improvement: a recurring activity performed at all levels of the organization to ensure stakeholder expectations are consistently met. Both a structured activity and a mindset.

Define the ITIL Product and Service Lifecycle (ITIL PSLM)

Lifecycle: the full set of stages, transitions and associated statuses in the life of a service, product, practice or other entity.

ITIL PSLM is a structured model describing a set of activities an organization uses to conceive, design, operate and continually improve digital products and services.

Define goods

Goods: tangible resources transferred from a service provider to a consumer, including ownership and responsibilities.

Define utility, warranty, user experience, sustainability

Utility: what the service does.

Warranty: assurance the product or service will perform to agreed levels.

User experience (UX): the overall feel of the service provider and product design.

Sustainability: the product or service is designed and delivered in a way that meets environmental and sustainability concerns.

The ITIL Four Dimensions of Product and Service Management

Introduction

They provide a holistic perspective of value creation and ensure all critical aspects for effective management are considered.

List of Dimensions

Organizations and people

The human side of product and service management: structure, governance, roles, responsibilities, culture.

Information and technology

Covers information, data, technologies used/managed by services, information architecture, AI/ML, automation.

Partners and suppliers

How the organization chooses, interacts and manages suppliers to ensure value creation.

Value streams and processes

Workflows and processes used to create and deliver products. Focus on efficiency, removing bottlenecks, improving flow.

Holistic approach

All four dimensions are interrelated; changes in one affect others.

External factors (PESTLE)

The ITIL Product and Service Lifecycle

Lifecycle Activities

Purpose of Each Activity

Discover

Align product concepts with consumer needs and organizational strategy.

Design

Create detailed specifications and prototypes.

Acquire

Secure and allocate resources efficiently.

Build

Develop, integrate and test digital products.

Transition

Move products/services into operational environments with minimal disruption.

Operate

Maintain and monitor digital products and supporting systems.

Deliver

Deliver the service to users, manage onboarding/offboarding, gather feedback.

Support

Identify and resolve incidents, gather feedback, disaster recovery, service desk functions.

The ITIL Value System

Components

Guiding Principles

Governance

The system by which an organization is directed and controlled.

Value Chain

End‑to‑end activities transforming demand into value.

Management Practices

34 practices grouped into general and product/service management.

Continual Improvement

A recurring activity ensuring stakeholder expectations are consistently met.

ITIL Practice Guides

Practice guide chapters Contents
General Info Purpose, key terms, scope, success factors, metrics
Value streams and processes Practice processes and contributions
Organizations and people Roles, competencies, responsibilities
Partners and suppliers Dependencies and support
Capability assessment Maturity model, capability criteria
Recommendations Success recommendations mapped to principles

The ITIL Continual Improvement Model

  1. What is the vision?
  2. Where are we now?
  3. Where do we want to be?
  4. How do we get there?
  5. Take action
  6. Are we getting there?
  7. How do we keep the improvement relevant?

Value Stream Identification, Mapping, and Management

Key Concepts

Identify how value flows through the organization, visualize, analyze bottlenecks, manage/improve flows.

Definitions

Elements of a Value Stream Map

ITIL and AI

Definitions

AI in Lifecycle Activities

AI supports discover, design, acquire, build, operate, deliver, support.

AI in Value Chain Activities

AI improves efficiency, reduces manual effort, enhances decision making.

AI Capability Model

AI capability Description Examples
Creation AI generates original output. Complex answers, auto‑generated notes.
Curation Improves quality of existing data. Remove outdated KB articles.
Clarification Summarizes, rephrases, restructures. Incident summaries.
Cognition Identifies patterns, anomalies. Predict workloads, detect trends.
Communication Acts as interface. Chatbots, surveys.
Coordination Orchestrates actions. Trigger remediation workflows.

ITIL and Other Frameworks

ITIL and DevOps

DevOps introduces automation, CI/CD, collaboration into ITIL.

ITIL and PRINCE2

PRINCE2 provides structured governance for projects; ITIL ensures value over time.

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