ITIL® Product (Version 5)

ITIL® Product (Version 5) enables you to manage digital products as integrated value streams, aligning product capabilities, services, and business outcomes across their full lifecycle. This valuable practical guidance helps you to excel in complex, AI-driven environments and advance your career.

The course explains how to manage digital products throughout their lifecycle from discovery to support using the ITIL Product and Service Lifecycle Model, a structured, practical and industry-tested approach.

You’ll learn to break down silos and align stakeholders across the ITIL Value System and lifecycle activities to enhance collaboration within multifunctional product and service teams.

You’ll also find out how to use metrics, feedback loops, and lifecycle performance data to continuously measure lifecycle success, and refine and guide decisions on product strategy and delivery.

In this course, you’ll learn about:

  • Digital product and service integration
  • Value stream integration and flow optimization
  • Strategic discovery and product direction
  • Human-centered product design
  • Resource and supplier orchestration
  • Build and quality engineering integration
  • Controlled transition and deployment
  • Reliable and observable operations
  • AI-enabled ways of working

Module 0Welcome to ITIL Product

Module 1 – Introduction to digital products

Module 2 Discover

Module 3 – Design

Module 4 – Acquire

Module 5 – Build

Module 6 – Transition

Module 7 – Operate

Module 8 – Deliver

Module 9 – Support

Module 10 – Managing the end-to-end lifecycle

Module 11 – The practice exams

Module 12 – ITIL Product wrap-up

Prerequisites: Any ITIL 4 certification or ITIL Foundation (Version 5) or ITIL Foundation Bridge (Version 5).

To achieve the ITIL® Product qualification, you must successfully pass the ITIL® Product exam. The ITIL exams are available online through a service provided by PeopleCert.

Upon completing this course, you will be equipped to begin preparing for the Product exam. To aid in your preparations, this ITIL Product eLearning course includes two practice exams designed to mirror the actual exam environment.

Before scheduling your exam, ensure that your device meets the necessary technical standards. For detailed instructions and further assistance, please refer to the PeopleCert website.

You should receive your exam voucher when you’re successfully enrolled on the course. For additional details, check the GEL Support & FAQs page.

ITIL® Product exam

  • This is a multiple-choice “Objective Test Question” (OTQ) exam consisting of 40 questions
  • There is a time limit of 90 minutes to complete the exam
  • The exam is open book. The ITIL® Product (Version 5) Official Book should be used (and candidates can make notes inside the book), but no other material is allowed.
  • The pass mark for the exam is 70%: you must answer at least 28/40 questions correctly
  • In countries where English is a second language, the time allocated for the exam is extended to 113 minutes
  • ITIL Product is a core element of the learning journey for anyone aspiring to achieve the ITIL Managing Professional designation

What is ITIL?

ITIL (Version 5) represents the latest evolution of ITIL, the globally recognized framework for IT product and service management. It provides a comprehensive set of best practices that guide IT-powered organizations in designing, developing, and continuously improving their IT services.

What does ITIL stand for?

Originally, ITIL stood for Information Technology Infrastructure Library. However, as the framework has evolved with frequent updates, it is no longer considered a static library. Currently, ITIL doesn’t stand for anything but continues to be a leading model for IT service optimization.

What does the ITIL certification path look like?

 

How much is ITIL certification worth?

ITIL certification can significantly enhance a professional’s earning potential. According to Payscale, certified ITIL practitioners can earn between $51,000 and over $259,000 annually, varying by experience, role, and certification level.

How does ITIL work?

ITIL equips users with best practices for developing efficient IT services, fostering a culture of continuous improvement. This ensures services remain aligned with business objectives, optimizes resources, and facilitates ongoing enhancements.

How can ITIL benefit businesses?

ITIL helps organizations optimize IT practices, supports continuous quality improvement, and remains adaptable to integrate with other methodologies like DevOps. Its forward-looking approach ensures it remains relevant as technological and best practice standards evolve.

Who are PeopleCert?

PeopleCert is a prominent accrediting body that owns and oversees several best practice frameworks, including ITIL, PRINCE2, MSP, PRINCE2 Agile, and AgileSHIFT.

What other frameworks can complement ITIL?

ITIL seamlessly integrates with other frameworks such as Agile, DevOps, Lean, and PRINCE2, enhancing its adaptability and applicability across various organizational contexts.

Who is this course aimed at?

  • Any IT product professional
  • Product owners
  • Team leads
  • Managers
  • Architects
  • Designers
  • Developers
  • Engineers
  • Site reliability engineers
  • Service professionals

What will you learn by taking this course?

  • Management of digital products as unified value streams
  • Alignment of product roadmaps with organizational strategy
  • Integration of design, build, transition and operational readiness
  • Application of AI-enabled and data-informed practices
  • Collaboration across multifunctional teams and supplier ecosystems

Why should you take this course?

  • Good e-Learning is an award-winning online training provider and was independently certified as a “Market Leader” for ITIL online training by Course Conductor
  • The course includes a free eBook, provided by PeopleCert
  • The ITIL syllabus offers a comprehensive and modernized look at IT service management
  • ITIL qualifications are highly valuable and desirable for employers in IT
  • This online course fully prepares candidates to sit and pass the ITIL Product exam on the first attempt
  • For anyone aspiring to achieve the ITIL Managing Professional designation – ITIL Product is a core element of the learning journey
  • The course was created with input from leading experts, including the authors of several of the ITIL books
  • Good e-Learning students avoid ITIL Product exam costs thanks to FREE exam vouchers (T&Cs apply)
  • This ITIL Product course is accredited by PeopleCert

This course is accredited by:

Self-Paced eLearning

Price Excludes VAT

349.00

  • Fully accredited:
  • Exam voucher included:
  • Free handbook included:
  • Course duration: 12 hours
  • Access period: 6 months
  • Tutor support:
  • Quizzes & practice exams:
  • Mobile compatible:

Good e-Learning achieves what many thought was not possible – an online course that is straight forward and gets some very complex material across in a fun and engaging manner. The materials are illustrated with easy-to-follow graphics, voice-overs and videos that make the subject matter memorable – especially important for preparing for the exam!

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This ITIL 4 course has a 97% 1st time pass rate and can increase your earning potential by up to 25%!