4.5.5 Glossary (P-R)

  • Partners and Suppliers (Dimension): Includes relationships, contracts.
    • Practical Context: Cloud providers, software vendors, hardware suppliers, etc., that your organization works with.
  • PESTLE: External factors (Political, Economic, Social, Technological, Legal, Environmental).
    • Practical Context: External influences that can impact your organization and its services.
  • Plan (SVC Activity): Ensure shared understanding of vision, status, improvement direction.
    • Practical Context: Strategic and tactical planning for IT services and operations.
  • Practice: Set of organizational resources for performing work/accomplishing objective.
    • Practical Context: The specific capabilities and activities like Incident Management, Change Enablement, etc.
  • Problem: Cause, or potential cause, of one or more incidents.
    • Practical Context: The underlying reason why incidents are happening.
  • Problem Management: Practice: Reduce likelihood/impact of incidents via cause identification, managing workarounds/KEs. Phases: Identification, Control, Error Control. Prioritize based on risk.
    • Practical Context: The process of investigating and addressing the root causes of incidents.
  • Product: Configuration of resources designed to offer value.
    • Practical Context: The internal IT building blocks that are combined to create service offerings.
  • Relationship Management: Practice: Establish/nurture links between org and stakeholders (strategic/tactical).
    • Practical Context: Building and maintaining effective working relationships with users, customers, and other teams.
  • Release Management: Practice: Make new/changed services/features available for use.
    • Practical Context: The process of packaging and preparing changes to be deployed.
  • Risk: Possible event causing harm/loss or hindering objectives.
    • Practical Context: Potential issues that could negatively impact services or projects.