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ITIL® Product (Version 5)

  • Length 3 days
  • Inclusions Exam voucher
Course overview
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Why study this course

ITIL Product (Version 5) course is designed to strengthen product and service management in a digital world using a globally trusted Best Practice framework, adopted worldwide by leading Organisations.

This course provides confidence and clarity to understand how to manage end-to-end product lifecycles in a digital world. You’ll learn how to interpret customer needs, design, build, deliver, and support products, creating value and the right solutions.

ITIL Product helps by providing practical guidance for creating and continually improving digital products and aligning teams and management practices across the full product and service lifecycle.

Examination

This course pricing includes a voucher for the ITIL® Product (Version 5) exam, which is an online proctored exam through PeopleCert. It is a 90-minute open book exam consisting of 40 multiple-choice questions, with a pass mark of 70%. Practice exam papers and questions are provided in the course, and reviewed to assist in preparation.

After passing the exam, each student’s certificate will be made available to them via PeopleCert.

It is highly recommended that you spend some time each evening of this course reviewing and consolidating what you’ve learned.

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What you’ll learn

By attending this course, it will prepare you for the examination leading to the ITIL® Product (Version 5) certificate from PeopleCert.

At the end of your ITIL® Product (Version 5) course, you will be able to:

  • Understand the key concepts of digital products and services

  • Explain the scope, purpose, benefits, and challenges of the ITIL Product and Service Lifecycle Model

  • Describe how organisational value chain activities support the ITIL Product and Service Lifecycle

  • Apply the purpose, scope, steps, roles, outputs, metrics, and practical recommendations for each lifecycle activity

  • Explain how management practices enable and support lifecycle activities

  • Apply human-centered design principles, effective acquisition approaches, and operational practices

  • Explain how operating models, value streams, and organisational structures contribute to successful digital product management

  • Understand how AI, automation, and other frameworks (PRINCE2, DevOps) support and enhance digital product and service management


PeopleCert ITIL ATO Accredited Training Organisation logo badge

ITIL at Lumify Work

Lumify Work is an Accredited Training Organisation with Platinum Partner status for PeopleCert courses and certifications including ITIL. Most of our ITIL instructors have an expert level of ITIL certification in addition to practical real-world implementation and consulting experience in ITIL. We help you prepare not only for your ITIL certification exams, but also implementing ITIL successfully within your organisation.


Who is the course for?

ITIL® Product (Version 5) caters to anyone working as a Product Manager, Digital Product Manager, Product Owner, Head of Product Development, Enterprise Architect, Solutions Architect, IT Delivery Manager, Service Delivery Manager, IT Operations Manager, Portfolio Manager, Chief Digital Officer.


Course subjects

Digital products and services

  • Introduction to digital products and services

  • Digital product and service lifecycle management activities

Explore Activities of the Product and Service Lifecycle and their purpose

Look at the concepts and practices, steps and outputs, success and metrics for:

  • Discover

  • Design

  • Acquire

  • Build

  • Transition

  • Operate

  • Deliver

  • Support

  • the benefits and challenges of the ITIL Product and Service Lifecycle management activities from a product vendor perspective

ITIL Product and Service Lifecycle

  • Managing end-to-end Lifecycle

  • ITIL, AI and other frameworks


Prerequisites

Must hold a valid certificate for either ITIL® 4 Foundation OR ITIL® Foundation (Version 5).

The ITIL® Foundation certification is a prerequisite for the ITIL (Version 5) Higher-Level qualifications.


Industry Association Recognition

Project Management Institute (PMI®)

  • Contact hours: 21 hours

  • Professional Development Units (PDUs): 21 PDUs

Australian Institute of Project Management (AIPM®)

  • Continual Professional Development (CPD) points: 10 points


PeopleCert Exams

All PeopleCert exams are now conducted via online proctoring, with an improved web-based platform released in February 2024. Candidates can schedule their exam for any time within the voucher validity period of 12 months, to be taken anywhere, on any Windows or Mac computer. Live proctors will guide and invigilate the exam process. For full details please see PeopleCert's Guidelines for Web-Based Exam Driver.

To comply with PeopleCert requirements, Lumify Work cannot provide PeopleCert training courses (ITIL®, Lean Six Sigma, DevOps Institute, MoP®, M_o_R®, MSP®, P3O®, PRINCE2®, and PRINCE2 Agile®) without the corresponding official exam.


Terms & Conditions

The supply of this course by Lumify Work is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.


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