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24 Cards in this Set

  • Front
  • Back
Purpose of Service Strategy Phase
Development of capabilities for Service Management, enabling these practices to become a strategic asset of the organization
Primary Objectives of Service Strategy
- Design and implement service management
- Develop the IT organization's capability to manage costs and risks
- Define strategic objectives of IT org
KEY ROLE
Stop and think about WHY something has to be done, before thinking HOW.
Key Mantra of Service Provider
Establish value before you can attached a price to service offered
Service Value =
Service Warranty + Service Utility
Service Utility
Describes positive effect on business processes, activities, objects, and tasks.
Service Warranty
How well benefits from utility are delivered to customer. Availability, capacity, performance, security, continuity levels.
Service Package
Description of bundled services. Core Services + Supporting Services + Service Level Package
Service Level Packages
Defines Availability levels, Capacity levels, continuity measures, security levels.
Service Strategy Processes
Service Portfolio Mgmt.
Financial Mgmt.
Demand Mgmt.
Goal of Service Portfolio Mgmt.
Provide strategic direction and mgmt of investments into IT Service mgmt.
Strategic questions answered by Service Portoflio Mgmt.
What are pricing or chargeback models?
3 Components of Service Portfolio
Service Pipeline
Service Catalogue
Retired Services
Methods involved in Service Portfolio Mgmt.
Define, Analyze, Approve, Charter
What makes up a Service Portfolio?
Requirements, Description, Value Proposition, Business Cases, Priorities, Cost and Pricing
3 Strategic Service Investments
TTB, GTB, RTB
Evaluation of existing services can be 6 categories:
Renew
Replace
Retain
Refactor
Retire
Rationalize
The role of the CIO in the Service Strategy context
Monitor, measure, reassess, and rebalance investments
Financial Mgmt 3 activities
Funding
IT Accounting
Chargeback
Direct Costs
Clearly attributable to a single source.
Indirect Costs
Costs shared by multiple customers or services
Cost Units
Unit of consumption which is attributable to a particular service or asset
Goal of Demand Management
Assist IT-SP in understanding and influencing customer demand for services and the provision of capacity to meet that demand.
What are the two ways to influence or manage demand?
Physical/Technical: Restrict # of connections
Financial Chargeback: Expense for full or over capacity usage.