Peoplecert : ITILFNDv5 Questions & Answers

Last Updated: Jul 30, 2026

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Peoplecert ITILFNDv5 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Four Dimensions of Product and Service Management17%- Partners and Suppliers
- Organizations and People
- Value Streams and Processes
- Holistic approach and interdependencies
- Information and Technology
Topic 2: ITIL Value System20%- Management Practices overview
- Service Value Chain activities
- Guiding Principles (7 principles and application)
- Governance
- Continual improvement
Topic 3: ITIL Management Practices28%- General Management Practices
  • 1. Portfolio management
    • 2. Relationship management
      • 3. Strategy management
        - Technical Management Practices
        • 1. Deployment management
          • 2. Software development and management
            - Service Management Practices
            • 1. Service level management
              • 2. Problem management
                • 3. Incident management
                  • 4. Change enablement
                    Topic 4: Digital Product and Service Management Concepts18%- Key definitions: product, service, value, outcome, cost, risk, utility, warranty
                    - Value co-creation and stakeholder collaboration
                    - Service relationships: provider, consumer, partners
                    Topic 5: Product and Service Lifecycle17%- Iterative and flexible application
                    - Lifecycle activities: discover, design, develop, deploy, deliver, support, improve, retire

                    Peoplecert ITIL Foundation (Version 5) Sample Questions:

                    1. Which will help solve incidents more quickly?

                    A) Escalating all incidents to support teams
                    B) Collaboration between teams
                    C) Target resolution times
                    D) Detailed procedural steps for incident investigation


                    2. When is the earliest that a workaround can be documented in 'problem management'?

                    A) After the problem has been resolved
                    B) After the problem has been analyzed
                    C) After the problem has been prioritized
                    D) After the problem has been logged


                    3. Which is the main form of service interaction between service consumers and digital services?

                    A) Delivery of goods
                    B) Service actions
                    C) Transfer of goods
                    D) Access to resources


                    4. Which of the following statements about the four dimensions of product and service management is CORRECT?

                    A) All four dimensions apply only to product design and not to management practices
                    B) All four dimensions focus mainly on the activities of the service value chain
                    C) All four dimensions are critical to effective and efficient facilitation of value
                    D) Each dimension on its own is sufficient to achieve the desired outcomes


                    5. Which term describes 'what an organization does for its consumers and other stakeholders and why?

                    A) Value chain
                    B) Organization's purpose
                    C) Operating model
                    D) Value stream


                    Solutions:

                    Question # 1
                    Answer: B
                    Question # 2
                    Answer: D
                    Question # 3
                    Answer: D
                    Question # 4
                    Answer: C
                    Question # 5
                    Answer: B

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