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Definitions and Terminology
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Z CostThe amount of money spent on a specific Activity, IT Service, or Business Unit. Costs consist of real cost (money), notional cost such as people’s time, and Depreciation. source: ITIL v3, Service Operation, 2007 The amount of money spent on a specific Activity, IT Service, or Business Unit. Costs consist of real cost (money), notional cost such as people's time, and Depreciation. source: ITIL v3, Service Design, 2007 The amount of money spent on a specific Activity, IT Service, or Business Unit. Costs consist of real cost (money), notional cost such as people's time, and Depreciation. source: ITIL v3, Service Transition, 2007 The amount of money spent on a specific Activity, IT Service, or Business Unit. Costs consist of real cost (money), notional cost such as people’s time, and Depreciation. source: ITIL v3, Continual Service Improvement, 2007 The amount of money spent on a specific Activity, IT Service, or business unit. Costs consist of real cost (money), notional cost such as people's time, and Depreciation. source: ITIL v3, Service Strategy, 2007
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