Trending Now

How does categorization of incidents assist incident management?
What is the definition of warranty?
Identify the missing word in the following sentence.
Which two needs should ‘change control’ BALANCE?
Which value chain activity creates service components?
Mastering ITIL and PRINCE2 for Enhanced Project Outcomes in Indian GCCs
Kaizen Costing - Types, Objectives, Process
Exploring the Eight Project Performance Domains in the PMBOK® Guide: A Comprehensive Breakdown
What Are ITIL Management Practices?
What are the Common Challenges in ITIL Implementation?
How Do You Align ITIL with Agile and DevOps Methodologies?
How Can ITIL Improve IT Service Management?
What is DevSecOps? A Complete Guide 2025
How to do Video Marketing for Audience Engagement?
What is Site Reliability Engineering (SRE)?
The History of DevOps: Tracing Its Origins and Growth
Mastering Business Agility: A Deep Dive into SAFe®
Which statement is true about a Value Stream that successfully uses DevOps?
How to Tailor Project Management Approaches for Different Project Environments
How Do I Prepare for the ITIL 4 Foundation Exam?
What is the Purpose of the ITIL Foundation Certification?
SIAM Global Survey 2023 Insights: The Future of IT Service Management
Comprehensive Guide to ITIL 4 Key Concepts of Service Management
What is ITIL? Guide to ITIL 4, Certification, and Best Practices
Top 10 Benefits of ITIL v4 Foundation Certification
PRINCE2 7 for Beginners: A Simple Introduction for Newbies
What is GitOps: The Future of DevOps in 2024
The Importance of Tailoring PRINCE2 to Fit Your Organization's Needs
Kaizen Basics: Continuous Improvement Strategies for Your Business
How Kaizen Can Transform Your Life: Unlock Your Hidden Potential
The Role of Observability in Site Reliability Engineering (SRE)
The Role of Monitoring in Site Reliability Engineering (SRE)
ITIL Structure: Key Components and Lifecycle Stages Explained
12 Principles of Project Management - PMBOK® 7th Edition
Four Dimensions of IT Service Management in ITIL4
ITIL Certification Cost - Comprehensive Guide 2024
Site Reliability Engineering (SRE): A Comprehensive Guide
Site Reliability Engineering (SRE): Core Principles Explained
SRE’s Proactive Approach to Problem-Solving: Enhancing IT Reliability
The Evolution of Site Reliability Engineering: A Comprehensive Guide
ITIL & AI: Revolutionizing Service Excellence
The ITIL 4 Service Value System: A Comprehensive Guide
Key Benefits of Site Reliability Engineering (SRE) - A Deep Dive for Modern IT
The Importance of SRE in Modern IT: Boost Reliability and Efficiency
ITIL V4 Major Changes and Updates: Navigating the New Era of IT Service Management
COBIT 5 vs COBIT 2019: Differences and more
Preparing for ITIL 4 Foundation: Key Learning Objectives You Need to Know
Tips to Clear ITIL 4 Certification in 2024
Top 6 Most-in-Demand Data Science Skills
Six Sigma Black Belt Certification- Benefits, Opportunities, and Career Values
Top 7 Power BI Projects for Practice 2024
Kaizen- Principles, Advantages, and More
Business Analyst Career Path, Skills, Jobs, and Salaries
What is AWS? Unpacking Amazon Web Services
SAFe Implementation Best Practices
The Role of Site Reliability Engineering in Healthcare IT
The Importance of Career Guidance for Students: Navigating the Path to a Successful Future
Why Combining Lean and Agile is the Future of Project Management
Understanding Agile Testing: A Comprehensive Guide for 2024 and Beyond
Your Ultimate Project Management Guide: Explained in Detail
Benefits of PRINCE2 Certification for Individuals & Businesses
Importance of Communication in Project Management
The Future of DevSecOps: 8 Trends and Predictions for the Next Decade
The Complete Guide to Microsoft Office 365 for Beginners
Organizational Certifications for Change Management Training
Product Owner Responsibilities and Roles
Agile Requirements Gathering Techniques 2024
Project Management Strategies for Teamwork
Agile Scrum Foundation Certification Guide (2025)
Major Agile Metrics for Project Management
5 Phases of Project Management for Successful Projects
Agile vs SAFe Agile: Comparison Between Both
Embrace Agile Thinking: Real-World Examples
What are the 7 QC tools used in quality management?
The Role of Big Data on Today's Business Strategies
PMP Certification Requirements: Strategies for Success
Scrum Master Certification Cost in 2024
The Benefits of PRINCE2 for Small and Medium Enterprises (SMEs)
The Future of IT Service Management in Asia: A Look at ITIL Certification Trends for 2025
PRINCE2 and Project Management Certifications: Finding the Perfect Fit
Everything You Need to Know About the ITIL v4 Foundation Certification Curriculum
Why Should I Take a VeriSM Certification? My Personal Journey to Success
The 7 ITIL Guiding Principles to Maximize Efficiency
What is a Vulnerability Management and It's Importance
ITIL 4 Framework: Key Changes and Updates for 2025
Project Management Principles and Concepts
Project Management Complexity: Strategies from the PMBOK 7th Edition
Lean Six Sigma Certification Levels Complete Guide
Risk Management and Risk Mitigation Techniques For Businesses
Scaling Agile in Organizations and Large Teams
Navigating ITIL 4's Service Value Chain for Optimal Performance
ITIL 4 and Security Management: Ensuring Robust Information Security
How ITIL is Used in an Organization: A Layman's Guide
How ITIL 4 Enhances Digital Transformation Strategies: The Key to Modernizing IT Infrastructure
The Role of the ITIL 4 Service Value System in Modern ITSM
The Impact of ITIL 4 on IT Governance and Risk Management
Lean Six Sigma in Daily Life: Practical Examples of Quality Improvement
Achieving Agile ITSM with ITIL 4: A Synergistic Approach
PRINCE2 Certification Role and Process
PRINCE2 Practitioner's Guide: Applying Methodologies to Real-World Scenarios
itil-4-what-is-the-definition-of-warranty

What is the definition of warranty?

Picture of SPOCLEARN
SPOCLEARN
Upskill and Reskill in industry-recognized certification courses to become a Global Professional.

A. A tangible or intangible deliverable that is produced by carrying out an activity

B. The assurance that a product or service will meet agreed requirements

C. A possible event that could cause harm or loss, or make it more difficult to achieve objectives

D. The functionality offered by a product or service to meet a particular need

Correct Answer

B. The assurance that a product or service will meet agreed requirements


Detailed Explanation

In ITIL 4, warranty is defined as the assurance that a product or service will meet agreed-upon requirements. Warranty represents one of the core elements of a service’s value, focusing on whether the service is fit for use. It is integral to a service provider’s commitment to meeting the expectations of their customers in terms of availability, capacity, security, and continuity.

Warranty in the Context of Service Management

Warranty ensures that a service is reliable and available at the levels agreed upon between the service provider and the customer. This assurance covers various aspects, such as performance, consistency, and security, which collectively contribute to customer satisfaction.

1. Assurance of Availability: Warranty includes commitments regarding the availability of a service, ensuring that it can be accessed when required by users.

2. Capacity and Performance: It guarantees that the service will perform as expected within defined parameters, managing resource availability to meet demand.

3. Security and Continuity: Warranty ensures that measures are in place to protect the service against potential risks, disruptions, or unauthorized access.

4. Alignment with SLAs: Service Level Agreements (SLAs) often specify the warranty terms, detailing the service provider’s obligations to maintain agreed performance levels.

Real-World Example

Consider a company providing a cloud-based application for client data storage. The warranty includes assurances that the application will be available 99.9% of the time, will perform efficiently with high data security standards, and can withstand unexpected disruptions. By offering this warranty, the provider builds trust with customers, reinforcing the application’s reliability.

Why Warranty is Essential for Customer Trust

By guaranteeing service levels, providers reinforce customer confidence in their offerings. Warranty helps ensure that users have a reliable, stable service experience, leading to improved customer satisfaction and loyalty.

Next – What Value Chain Activity Creates Service Components in ITIL 4?

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow us

2000

Likes

400

Followers

600

Followers

800

Followers

Subscribe us