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CIS 500 Quiz: 3. Service Strategy Processes CHAPTER 3

Quiz: 3. Service Strategy Processes, 1 of 18 

Q: Which of the following roles tailor a portfolio of investments based on their customer's risk and reward profile? 

Service managers 

Customer managers 

Financial managers 

Process managers

Quiz: 3. Service Strategy Processes, 2 of 18 

Q: Service Portfolio is divided into how many phases? 

Three 

Two 

Seven 

Six 

Quiz: 3. Service Strategy Processes, 3 of 18 

Q: Which of these statements about business relationship management (BRM) is most correct? 

BRM focuses on a high-level relationship with customers. 

BRM reviews all service changes. 

BRM monitors the service targets for all services. 

BRM focuses on the relationship with users through the service desk.

Quiz: 3. Service Strategy Processes, 4 of 18 

Q: Which of the following is a decision support and planning tool that projects the possible consequences of a business action? 

Configuration item 

Release unit 

Business case 

Service asset

Quiz: 3. Service Strategy Processes, 5 of 18 

Q: Which of these is not part of the scope of financial management? 

Budgeting 

Charging 

Accounting 

Consolidating

Quiz: 3. Service Strategy Processes, 6 of 18 

Q: Which of these is not part of the structure of the service portfolio? 

Service pipeline 

Service register 

Retired services 

Service catalog 

Quiz: 3. Service Strategy Processes, 7 of 18 

Q: Which of these is not part of the scope of service portfolio management? 

All the services a service provider is planning to deliver 

All the services a service provider has retired from live operation 

All the services a service provider currently delivers 

All the projects the customer is planning to deliver

Quiz: 3. Service Strategy Processes, 8 of 18 

Q: Which of the following describes a provider's services in terms of business value? 

Service value 

Service assessment 

Service portfolio 

Service update

Quiz: 3. Service Strategy Processes, 9 of 18 

Q: What is the purpose of the service portfolio management process? 

To capture details of live operational services only 

To capture details of retired services only 

To ensure all services are documented according to the requirements of the business 

To ensure you have an appropriate mix of services to meet the requirements of customers

Quiz: 3. Service Strategy Processes, 10 of 18 

Q: Which of the following functions is NOT part of Financial Management for IT services? 

Budgeting 

Charging 

Procurement 

Pricing 

Quiz: 3. Service Strategy Processes, 11 of 18 

Q: Which of these statements represents an objective of service portfolio management? 

Maintain the definitive managed portfolio of services provided by the service provider. 

Provide accurate information about the service level achievements for core services. 

Deliver authorized change requests. 

Maintain records of all service components and their relationships. 

Quiz: 3. Service Strategy Processes, 12 of 18 

Q: Which of the following budgeting methods is determined on the last year's figure basis? 

Zero-Base budgeting 

Top-down budgeting 

Resource budgeting 

Incremental budgeting

Quiz: 3. Service Strategy Processes, 13 of 18 

Q: Which of the following is NOT a fundamental activity of Financial Management for IT services? 

Funding 

Chargeback 

IT accounting 

Auditing 

Quiz: 3. Service Strategy Processes, 14 of 18 

Q: Which of these statements about service portfolio management is/are correct?

1. Service portfolio management should be responsible for monitoring the performance of the services according to the service level agreements.

2. Service portfolio management should be responsible for evaluating the value of the services provided throughout the whole of their lifecycle.

3. Service portfolio management should be able to compare the merits of the existing services against those that are being planned. 

4. Service portfolio management should compare the results of continual service improvement initiatives to decide whether to improve services.

1, 2, and 4 

1, 2, and 3 

2 and 4 

2 and 3 

Quiz: 3. Service Strategy Processes, 15 of 18 

Q: What is the purpose of financial management? 

To secure to the appropriate software programs for financial systems 

To agree to the operating policies for the finance systems 

To agree to the business requirements for managing the finance systems 

To secure to the appropriate funding for IT services

Quiz: 3. Service Strategy Processes, 16 of 18 

Q: Which of these is a purpose of business relationship management (BRM)? 

Manage the services provided to a customer 

Establish a mechanism for recording service requests from the customer 

Establish a relationship between the service provider and the customer 

Manage the funding for services provided to a customer

Quiz: 3. Service Strategy Processes, 17 of 18 

Q: Which of these is/are recommended elements of a business case?

1. Introduction

2. Methods and assumptions

3. Business impacts

4. Risks and contingencies

5. Recommendations 

1, 2, 3, 4, and 5 

1, 3, and 5 

1, 2, 3, and 4 

Quiz: 3. Service Strategy Processes, 18 of 18 

Q: Which of the following represents a complete list of the services managed by a service provider? 

Service portfolio 

Service record 

Service case 

Service data

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