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| Section | Objectives |
|---|---|
| Understanding Cloud Usage and Cost | - Cost visibility and reporting - Cloud billing models and pricing structures |
| FinOps Governance and Collaboration | - Policy and accountability in cloud spend - Stakeholder collaboration (engineering, finance, product) |
| FinOps Fundamentals | - FinOps principles and lifecycle - Cloud cost allocation concepts |
| FinOps Operations | - Cost optimization techniques - Budgeting and forecasting |
Question 1
Please refer to the graphic of the Phases of the FinOps Lifecycle for this question What is the correct order of the FinOps Lifecycle phases? Please replace 1,2,3 with correct sequence (Select One)
A. Optimize, Operate, Inform
B. Optimize, Inform, Operate
C. Inform, Operate and Optimize
D. Inform, Optimize and Operate
Question 2
Which of the following statements would be true regarding FinOps? (Select One)
A. FinOps ensures you get the most value out of every dollar spent in cloud
B. FinOps ensures you get the most use out of every service used in the cloud
C. FinOps ensures that you get the best performance out of every service used in the cloud
D. FinOps ensures that your financial team manages cloud spending
Question 3
Which stage in the FinOps Adoption Process would we be 'performing initial resourcing' such as getting budget approval?
A. Stage 2 - Socializing FinOps for adoption in an organization
B. Stage 3 - Preparing the organization for FinOps
C. Stage 1 - Planning for FinOps in an Organization (Laying the groundwork)
Question 4
Each major cloud provider labels the platforms 'allocation metadata' a specific way.
How does GCP name the allocation metadata? (Select One)
A. "Subscriptions", "resource groups" and "resource tags"
B. 'Labels" and "billing accounts"
C. "Resource tags", "Linked Accounts" and "groups"
D. "Resource tags", "Linked Accounts" and "Organizations"
Question 5
Scorecards, metrics, and KPIs are good for __________.
A. Understanding last year's performance
B. Benchmarking internal teams' performance
C. Forecasting and budgeting
D. Showback and chargeback
Solutions:
| Question 1 Answer: D | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: B | Question 5 Answer: B |
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