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| Section | Weight | Objectives |
|---|---|---|
| FinOps Capabilities | 28% | - Understand FinOps capability pillars - Activities associated with each capability |
| Challenge of Cloud | 8% | - Understand the challenges of working with cloud - Recognize differences between cloud and traditional IT |
| FinOps Lifecycle | 30% | - Inform phase - Optimize phase - Operate phase |
| FinOps Teams & Motivation | 12% | - Team positioning and motivation - Roles and responsibilities of FinOps teams |
| Terminology & the Cloud Bill | 10% | - Cloud billing and terminology basics - FinOps and finance terms |
| What Is FinOps & FinOps Principles | 12% | - Define FinOps - Understand each FinOps principle |
Question 1
_____________ or ____________is the foundation of telling apart workloads in the cloud, identifying ownership, and attributing costs to teams. (Select One)
A. Tagging or Identifying
B. Labeling or Segmenting
C. Tagging or Labeling
D. Segmenting or Labeling
Question 2
FinOps as we likely learned requires a culture shift in how our organization addresses cloud spend.
Which of the following would be a true statement regarding the decision making in a FinOps organization? (Select One)
A. Distributed decision making coupled with the move to variable spending in cloud allows technology teams to efficiently partner with finance and business teams to make informed decisions that drive continual optimization.
B. The Cloud Cost Center of Excellence (CCoE) makes all decisions around cloud spending
C. FinOps processes enable these teams to operate at high velocity while improving the profits of the company.
D. Centralized decision making coupled with the move to variable spending in cloud allows technology teams to efficiently partner with finance and business teams to make informed decisions that drive continual optimization.
Question 3
When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal.
What is the primary goal for the Engineering Lead? (Select One)
A. Quickly bring new products and features to market with an accurate price point.
B. Accurately budget, forecast and report cloud costs
C. Leverage technology to give the business a market and competitive advantage
D. Deliver faster and high quality services to the organization, whilst maintaining business as usual
Question 4
This domain includes the capabilities that look at past and current spend, set baselines and budgets, and then forecast spend.
A. Understanding Cloud Usage & Cost
B. Organizational Alignment
C. Performance Tracking & Benchmarking
D. Cloud Usage Optimization
Question 5
__________ is critical to making the FinOps team successful.
A. Finance buy-in
B. All of the above
C. Leadership buy-in
D. Engineering buy-in
Solutions:
| Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: D | Question 4 Answer: A | Question 5 Answer: B |
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