ITIL 4 Acquiring Managing Cloud Services Certification Course: Realize - Improvement Initiatives

Linked to "how do we get there ?"

Improvement require quick implementation

Continuous delivery

Continual improvement backlog

Small iterations

Prioritize backlog

Anticipated value

Prioritization methods:

  • MoSCoW
  • HiPPO
  • ROI
  • Cost of delay

Profitability criteria:

  • Revenue enhancement
  • Cost reduction
  • Realization period

Cost of delay:

  • Contributors to profitability = increase revenue + protect revenue + decrease costs + avoid costs
  • Cost of delay = contributors to profitability / (52 x Length of time to realize value in weeks)

Calculation aids prioritization but not a forecasting tool

Non-profits use customer experience

Use minimal viable product approach

Refine initiative iteratively

Include CSP in prioritization

CSP can:

  • Explain required work
  • Highlight issues
  • Agree approach

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