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WGU Business of IT - Applications – C846 Glossary Terms

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Term
Definition
show Focuses on the delivery of incremental changes to software products in response to the evolving needs of users.  
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show Any financially valuable component that can contribute to the delivery of an IT product or service.  
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Automation   show
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Availability   show
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Capacity and performance management practice   show
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Change   show
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Cloud computing   show
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show An ongoing organizational activity of continuous re-evaluation performed at all organizational levels to ensure that performance continually meets stakeholders' expectations.  
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Cost   show
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Customer experience   show
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Deliver and support value chain activity   show
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Demand   show
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show Ensures that products and services continually meet stakeholder expectations for quality, costs, and time to market.  
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show Provides a good understanding of stakeholder needs, transparency, and continual engagement and good relationships with all stakeholders.  
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Event   show
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show Enables the organization to maintain the alignment of its operations with the strategic direction determined by its governing body.  
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show A person or group who is accountable at the highest level for the performance and compliance of the organization.  
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Guiding principle   show
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Improve value chain activity   show
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show An unplanned interruption to a service or reduction in the quality of service.  
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show Applies to both the practice of service management, as well as the services being managed.  
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show Protects the information needed by the organization to conduct its business.  
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ITIL (Information Technology Infrastructure Library)   show
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show A source of good practice in service management.  
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show Help to guide organizational decisions and actions and ensure a shared understanding and unified approach to ITSM throughout the organization.  
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show Enhance the flexibility of the service value chain by supporting multiple chain activities.  
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ITSM (information technology service management)   show
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Known error   show
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show Ensures that service components are available when and where they are needed, and that they meet agreed specifications.  
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show An option or possibility to add value for stakeholders or otherwise improve the organization.  
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Organization   show
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show The ability of an organization to move and adapt quickly, flexibly, and decisively to support internal changes.  
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show The ability of an organization to anticipate, prepare for, respond to, and adapt to incremental changes and sudden disruptions as external conditions change.  
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Organizations and people dimension   show
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Outcome   show
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show A tangible or intangible deliverable of an activity.  
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Partners and suppliers dimension   show
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Plan value chain activity   show
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show A set of interrelated or interacting activities that transform inputs into outputs.  
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show Establishes and nurtures the links between the organization and its stakeholders at strategic and tactical levels.  
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show A version of a service or other CI (configuration item)—or a collection of CI's—that's made available for use.  
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show A possible event that could cause harm or loss, or make the achievement of objectives more difficult.  
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Service   show
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show A generic role an organization takes on when it receives services.  
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show Captures demand for incident resolution and service requests.  
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show A set of specialized organizational capabilities for enabling value for customers in the form of services.  
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Service offering   show
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Service request management practice   show
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show A documented agreement between a service provider and a customer that identifies both services required and the expected level of service.  
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Service-level management practice   show
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show The person authorizing the budget for the consumed service.  
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Supplier management practice   show
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show Describes how the components and activities of an organization interact to create value through IT-enabled services.  
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show A flexible model for the creation, delivery, and continual improvement of services.  
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Utility   show
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show The perceived benefits, usefulness, and importance of something.  
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show A series of steps undertaken by an organization to create and deliver products and services to consumers.  
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Value stream mapping   show
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Value streams and processes dimension   show
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show An assurance that a product or service meets agreed-upon requirements.  
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