29 July 2010

Glossary F


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What is ITIL?
F is for....

Failure A failure occurs when a functional unit is no longer fit for purpose.
Fault A condition that causes a functional unit to fail to perform the required function.
Fault Tolerance The ability of a service to continue when a failure occurs.  See also Resilience.
Fault Tree Analysis A technique, using Boolean notation, of identifying the chain of events leading to an adverse impact on services.
Financial Management for IT Services The Service Management process of budgeting, accounting and charging for IT services.
First Level Support The technical and managerial resources within the Service Desk available at the initial point of contact with the Customer/User.
First Time Fix Rate A commonly used metric that measures the proportion of Incidents resolved at the first point of contact between a User and a Service Desk, without delay or referral.
Fishbone Diagram See Cause/Effect Diagram.
Fixed Cost A cost that does not vary with usage or throughput of work.  Examples are a standard term maintenance contract for a server or a corporate software licence (within agreed User limits).
Fixed Price A price agreed with a Customer for a given period and based upon a predicted consumption.
Follow the Sun Support A Service Desk organisation that provides 24-hour support using Service Desks located in various countries.  Calls are logged in one location and then passed to, or picked up by, the next location when the originating office closes.
Fortress Approach An approach to IT Service Continuity where the entire site is made as disaster-proof as possible.
Forward Schedule of Change A schedule that contains details of all the Changes approved for implementation and their proposed implementation dates.  It should be agreed with Customers.  Service Level Management, the Service Desk and Availability Management.  Once agreed, the Service Desk would communicate to the Users any planned or additional downtime arising from implementing the Changes.  See also Projected Service Availability.
Front-office / Front-end The business process relating to Customer interaction, often including marketing, pricing and sales related functions.
Full Absorption Costing A principle where all the direct costs are allocated to cost units and overhead costs are apportioned according to a meaningful algorithm that attempts to reflect probable resource usage.
Full Cost The total cost of all the resources used in supplying a service, including the direct costs, a share of indirect costs and any marketing, selling and distribution, etc. costs.  All cash and non-cash costs, for example the cost of capital and where appropriate, planned renewal costs, are included.  Full costs are required to calculate the Total Cost of Ownership.
Full Release A release that tests, distributes and implements all components of a release unit, regardless of whether or not they have changed since the last release of the software.
Function The actions or intended purpose of a person, team or thing in a specific role.  Service Management functions may be considered as high-level business activities, often with a broad scope and associated with a particular job, consisting of a collection of lower level activities.  The characteristics of a function are that it is continuous and represents a defining aspect of the business enterprise.  It is usually associated with more than one process and contributes to the execution of those processes.  Rarely do (or should) functions mirror the organisational structure.
Functional Escalation See Escalation.

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