ITIL V5 Foundation — Lesson 1: ITIL v5 Concepts, Value, Services, Products, and Stakeholders

Learning Objectives

• Explain the roles, information, criteria, dependencies, and decision points governing service offerings and value co-creation.
• Implement or assess service relationships, utility and warranty, and stakeholder outcomes using controlled evidence and acceptance criteria.
• Evaluate the condition where the planned service offerings result cannot be trusted because value co-creation scope, ownership, or prerequisite evidence is incomplete and select a proportionate corrective response.

Detailed Topics

• service offerings applied to the course scenario, expected behavior, stakeholders, controls, risks, and evidence.
• value co-creation applied to the course scenario, expected behavior, stakeholders, controls, risks, and evidence.
• service relationships applied to the course scenario, expected behavior, stakeholders, controls, risks, and evidence.
• utility and warranty applied to the course scenario, expected behavior, stakeholders, controls, risks, and evidence.
• stakeholder outcomes applied to the course scenario, expected behavior, stakeholders, controls, risks, and evidence.

Instructor Demonstration

The instructor traces a service organization establishing a shared ITIL v5 vocabulary and applying it to value streams, decisions, practices, and improvement. The walkthrough connects frameworks, processes, tools, decisions, and evidence captured in the ITIL v5 concept map, value-stream worksheet, practice review, and improvement plan. It also tests the exception where the planned service offerings result cannot be trusted because value co-creation scope, ownership, or prerequisite evidence is incomplete.

Hands-On Exercise

Complete a controlled PeopleCert-aligned exercise covering ITIL v5 Concepts, Value, Services, Products, and Stakeholders and preserve the verified result in the ITIL v5 concept map, value-stream worksheet, practice review, and improvement plan.

1. Confirm scope, roles, criteria, prerequisites, information sources, dependencies, and acceptance conditions.
2. Execute the service, project, portfolio, risk, Lean, or operational workflow while recording decisions and evidence.
3. Test normal behavior, one boundary condition, and the stated exception using a controlled scenario.
4. Document findings, corrections, ownership, retest criteria, communication, and operational handover.

Scenario Analysis

• Identify which role, process, objective, control, information source, or decision most strongly influences service offerings.
• Compare two defensible responses and explain service, project, quality, risk, operational, and business trade-offs.
• Determine how the ITIL v5 concept map, value-stream worksheet, practice review, and improvement plan should be approved, retained, reviewed, retested, and updated.

Troubleshooting Guidance

Start where expected behavior first differs from the observed result. Check scope, criteria, ownership, data quality, process sequence, policy alignment, version compatibility, dependencies, status, and evidence separately. Treat “the planned service offerings result cannot be trusted because value co-creation scope, ownership, or prerequisite evidence is incomplete” as a hypothesis until records, interviews, configurations, calculations, and retest outcomes confirm the cause.

Validation Checklist

• Required roles, processes, criteria, controls, information, approvals, and dependencies are present.
• The ITIL v5 concept map, value-stream worksheet, practice review, and improvement plan connects each conclusion to objective, reviewable evidence.
• Normal processing, a boundary condition, dependency behavior, and the stated exception were tested.
• Corrections, ownership, retest criteria, documentation, communication, and operational handover are complete.

Lesson Outcome

Learners can apply ITIL v5 Concepts, Value, Services, Products, and Stakeholders, explain the resulting service, project, quality, risk, or operational behavior, and defend the outcome through the ITIL v5 concept map, value-stream worksheet, practice review, and improvement plan.