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| Section | Objectives |
|---|---|
| Topic 1: Understanding Cloud Usage and Cost | - Cloud billing models and pricing structures - Cost visibility and reporting |
| Topic 2: FinOps Fundamentals | - Cloud cost allocation concepts - FinOps principles and lifecycle |
| Topic 3: FinOps Governance and Collaboration | - Policy and accountability in cloud spend - Stakeholder collaboration (engineering, finance, product) |
| Topic 4: FinOps Operations | - Cost optimization techniques - Budgeting and forecasting |
1. 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) The Cloud Cost Center of Excellence (CCoE) makes all decisions around cloud spending
B) 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.
C) 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.
D) FinOps processes enable these teams to operate at high velocity while improving the profits of the company.
2. Should the FinOps team be a gatekeeper to cloud spending? (Select One)
A) Yes
B) No
3. Which of these describes the primary goal/motivation of the Product Owner persona?
A) Deliver faster and high quality services to the organization, while maintaining business as usual
B) Cloud platform relationship management
C) Accurately budget, forecast, and report cloud costs
D) Quickly bring new products and features to market with an accurate price point
4. Which of these can be an effective way to encourage teams to take optimization actions?
A) Utilizing FinOps team members' influence in their organization
B) Aligning goals
C) All of these
D) Building credibility and trust through small wins
5. __________ is critical to making the FinOps team successful.
A) Engineering buy-in
B) Finance buy-in
C) Leadership buy-in
D) All of the above
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |
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