Question 1
IntermediateNew Product and Service Lifecycle Model · Eight Lifecycle Stages
A multinational financial institution is transitioning from a legacy monolithic banking application to a microservices architecture. The product team is currently conducting deep market research and analyzing customer feedback to validate the necessity of a new AI-driven fraud detection module. According to the ITIL Version 5 product and service lifecycle model, which stage is the team primarily executing?
Answer and explanation
Correct answer: D
The Discover stage in the ITIL Version 5 lifecycle focuses on understanding market needs, conducting research, identifying opportunities, and validating demand before detailed design begins. This corresponds to the team's current activities of market research and validation.
