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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