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| Section | Weight | Objectives |
|---|---|---|
| Terminology & Cloud Billing | 10% | - Common FinOps, DevOps, and financial terminology - Cloud service provider billing structure |
| FinOps Definition & Principles | 12% | - Core definition and value proposition of FinOps - Six FinOps guiding principles |
| FinOps Teams & Stakeholders | 12% | - Collaboration between finance, engineering, and business - Roles, responsibilities, and organizational structure |
| FinOps Lifecycle | 30% | - Operate phase: governance, continuous improvement - Optimize phase: rate and usage optimization - Inform phase: visibility, allocation, reporting |
| FinOps Capabilities & Framework Domains | 28% | - Budgeting, forecasting, and variance analysis - Showback vs chargeback models - Unit economics and business value metrics - Cost allocation and tagging strategy |
| Introduction & Challenges of Cloud Financial Management | 8% | - Drivers and challenges of variable cloud spending - Cloud cost management vs traditional IT financial management |
1. FinOps Principles are north stars that guide the activities of our FinOps practice. These principles are clearly broken down and we must encourage members to practice these. When it comes to these principles which of the following activities would be under the 'Teams need to Collaborate' principle? (Select One)
A) Gain visibility into cloud spend at all levels
B) Fast feedback loops result in more efficient behavior
C) Define governance and controls for cloud usage
D) Rightsizing instances and services help drive appropriate resourcing levels
2. 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 procurement business unit? (Select One)
A) Assurance that cloud investments are aligned with business objectives
B) Quickly bring new products and features to market with an accurate price point.
C) Drive best practices into the organization through education, standardization, and cheerleading
D) Cloud platform relationship management
3. Business value of cloud drives decisions" is one of the core principles of FinOps.
A) False
B) True
4. What service on AWS would use to download and store the Cost and Usage report on so you can query it? (Select One)
A) Redshift
B) S3
C) Athena
D) RDS
5. User
Which team typically manages the technical aspects of cloud adoption?
A) Procurement
B) IT Finance
C) FinOps
D) Engineering
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: D |
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