ITIL-4-Foundation Exam Dumps - ITIL 4 Foundation Exam

The purpose of the monitoring and event management practice is to systematically observe services and service components and record and report selected changes of state identified as events1. This practice helps to identify and prioritize any issues or opportunities for improvement in the delivery or support of services2. The other statements describe the purposes of different practices: incident management (A), service request management (B), and change enablement (D)3. References: ITIL Foundation - ITIL 4 Edition, page 14; ITIL® 4 – A Pocket Guide, page 31; ITIL® 4 Practice Guide: Monitoring and Event Management, page 7.

Value Streams & Processes

The value streams and processes dimension is concerned with how the various parts of the organization work in an integrated and coordinated way to enable value creation through products and services. This dimension defines the activities, workflows, controls and procedures needed to achieve agreed objectives. What matters in service management is that an organization establishes an operating model that that effectively organizes the key activities needed to manage products and services.

Value streams

A value stream is defined as a series of steps an organization undertakes to create and deliver products and services to consumers.

Structuring the organization’s service and product portfolios around value streams allows it to have a clear picture of what it delivers and how, and to make continual improvements to its services. By mapping its value streams, an organization can identify what is critical, what introduces waste and what can be improved upon.

Processes

A process is defined as a set of interrelated or interacting activities that transform inputs into outputs.

Processes define the sequence of actions and their dependencies, as well as describe what is done to accomplish an objective. Processes are underpinned by policies and can be broken down further through procedures which outline what is done, when, and by whom.

https://www.bmc.com/blogs/itil-four-dimensions-service-management/

The purpose of the change enablement practice is to maximize the number of successful IT changes by ensuring that risks have been properly assessed, authorizing changes to proceed, and managing the change schedule.

ITIL 4 defines a service as:

A means of enabling value co-creation by facilitating outcomes that customers want to achieve, without the customer having to manage specific costs and risks.

The key phrase in the question is “facilitates outcomes that customers want to achieve”, which is directly part of the definition of a service in ITIL 4.

Therefore, the correct answer is A. Service.

Why the other options are incorrect:

B. WarrantyWarranty is one of the two aspects of value (warranty and utility). It relates to how the service performs (availability, capacity, continuity, security), but warranty alone does not ‘facilitate outcomes’ – it describes assurance about performance.

C. OrganizationAn organization is a person or group of people with functions and responsibilities, authorities and relationships. Organizations provide and consume services, but the concept that “facilitates outcomes” is specifically the service.

D. IT assetIT assets (hardware, software, etc.) are components that support services and are financially valuable, but on their own they do not “facilitate outcomes that customers want to achieve” – that is done through services built from these assets.

References (Aligned with ITIL 4 Foundation concepts)

ITIL 4 Foundation: Definition of service

ITIL 4 Foundation: Key concepts of value, outputs, outcomes, utility, and warranty

Service desks provide a variety of channels for access including:

Phone calls, which can include specialized technology, such as interactive voice response (IVR), conference calls, voice recognition, and others.

Service portals and mobile applications, supported by service and request catalogues, and knowledge bases.

Chat, through live chat and chatbots.

Email for logging and updating, and for follow-up surveys and confirmations.

Walk-in service desk (which are becoming more prevalent in some sectors, such as higher education, where there are high peaks of activity that demand physical presence).,

Text and social media messaging, which are useful for notifications in case of major incidents and for contacting specific stakeholder groups, but can also be used to allow users to request support.

Public and corporate social media and discussion forums for contacting the service provider and for peer-to-peer support.

https://www.bmc.com/blogs/itil-service-desk/

In ITIL 4, the IT asset management practice is concerned with managing IT assets so that their value is maximized, and financial, legal, and operational risks are controlled. An IT asset is defined as any financially valuable component that can contribute to the delivery of a service.

The purpose of IT asset management includes:

Making sure IT assets are used effectively

Ensuring that IT assets are accounted for and controlled

Supporting decision-making about purchase, re-use, retirement, and disposal of IT assets

This matches option B exactly:

“Supporting decision-making about purchase, re-use, retirement, and disposal of assets.”

Why the other options are not correct:

A. Moving assets to live or other environments for testing or stagingThis is part of deployment management, whose purpose is to move new or changed components to live or test environments.

C. Making new and changed assets available for useThis relates more to release management and deployment management — getting releases into use and making them available to customers and users.

D. Providing information on how assets are configured and the relationships between themThis is the core of service configuration management, which focuses on configuration items, their attributes, and relationships in configuration records (often stored in a CMDB or CMIS).

Therefore, B is correct because it reflects the core decision-support and lifecycle focus of IT asset management.

References (ITIL 4 Foundation):

ITIL® Foundation: ITIL 4 Edition – Practice guide overview, IT Asset Management (purpose and definition of IT assets)

ITIL® Foundation: ITIL 4 Edition – Summary of the 15 ITIL practices

The purpose of the continual improvement practice is to align the organization’s practices and services with changing business needs through the ongoing identification and improvement of services, service components, practices, or any element involved in the efficient and effective management of products and services1. This practice needs the right culture to be embedded across the entire organization, as it requires a shared vision, commitment, empowerment, collaboration, learning, and measurement2. References: ITIL Foundation - ITIL 4 Edition, page 15; ITIL® 4 – A Pocket Guide, page 34; ITIL® 4 Practice Guide: Continual Improvement, page 7.

The ‘progress iteratively with feedback’ guiding principle encourages organizations to break down complex initiatives into smaller, simpler, and more manageable units of work1. This principle also recommends seeking and acting on feedback from stakeholders, avoiding big-bang approaches, and adapting plans based on new information2. However, this principle does not advise prohibiting changes to plans, analysing the whole situation in detail, or reducing the number of steps that produce tangible results, as these would be contrary to the iterative and adaptive nature of this principle3. References: ITIL Foundation - ITIL 4 Edition, page 7; ITIL® 4 – A Pocket Guide, page 27; ITIL® 4 Practice Guide: Progress Iteratively with Feedback, page 9.