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ITIL Definitions Set 5
ITIL 4 Thought Rock Words
20
Computer Science
Undergraduate 1
07/02/2021

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Cards

Term
ITIL value chain activity
Definition
A step of the value chain that an organization takes in the creation of value.
Term
Kanban
Definition
A method for visualizing work, identifying potential blockages and resource conflicts, and managing work in progress.
Term
knowledge management practice
Definition
The practice of maintaining and improving the effective, efficient, and convenient use of information and knowledge across an organization.
Term
known error
Definition
A problem that has been analyzed but has not been resolved.
Term
Lean
Definition
An approach that focuses on improving workflows by maximizing value through the elimination of waste.
Term
lifecycle
Definition
The full set of stages, transitions, and associated statuses in the life of a service, product, practice, or other entity.
Term
live
Definition
Refers to a service or other configuration item operating in the live environment.
Term
live environment
Definition
A controlled environment used in the delivery of IT services to service consumers.
Term
maintainability
Definition
The ease with which a service or other entity can be repaired or modified.
Term
major incident
Definition
An incident with significant business impact, requiring an immediate coordinated resolution.
Term
management system
Definition
Interrelated or interacting elements that establish policy and objectives and enable the achievement of those objectives.
Term
maturity
Definition
A measure of the reliability, efficiency and effectiveness of an organization, practice, or process.
Term
measurement and reporting
Definition
The practice of supporting good decision-making and continual improvement by decreasing levels of uncertainty.
Term
metric
Definition
A measurement or calculation that is monitored or reported for management and improvement.
Term
model
Definition
A representation of a system, practice, process, service, or other entity that is used to understand and predict its behavior and relationships.
Term
modeling
Definition
The activity of creating, maintaining, and utilizing models.
Term
monitoring
Definition
Repeated observation of a system, practice, process, service, or other entity to detect events and to ensure that the current status is known.
Term
monitoring and event management practice
Definition
The practice of systematically observing services and service components, and recording and reporting selected changes of state identified as events.
Term
obtain/build
Definition
The value chain activity that ensures service components are available when and where they are needed, and that they meet agreed specifications.
Term
operation
Definition
The routine running and management of an activity, product, service, or other configuration item.
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