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Which of the following a native tool in AWS that we would use in our FinOps exercises to understand costing issues, get recommendations, etc.
Which of the following a native tool in AWS that we would use in our FinOps exercises to understand costing issues, get recommendations, etc.A . Cost and Usage ReportsB . Cost ExplorerC . Trusted AdvisorView AnswerAnswer: B Explanation: Cost Explorer is a free tool that AWS offers to all customers...
Which of the following would be the most direct description of what FinOps is about? (Select One)
Which of the following would be the most direct description of what FinOps is about? (Select One)A . FinOps brings administrative accountability to the variable spend model of cloud.B . FinOps is about both culture and creating savings in the world of cloud computing.C . FinOps brings financial accountability to...
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)A . FalseB . TrueView AnswerAnswer: B Explanation: Iterative meaning that we will likely not get it totally correct right away. From dealing with shared services, poor tag management, containers,...
The spending patterns have changed quite a bit when compared to on premises consumption models.
The spending patterns have changed quite a bit when compared to on premises consumption models. Which of the following statements would correct how DevOps and Cloud have changed IT purchasing.A . Finance has more visibility into purchasing than before with CAPEX fundingB . Spending is staticC . Engineers have the...
Which phase of the FinOps cycle is where continuous optimization should really occur? (Select One)
Which phase of the FinOps cycle is where continuous optimization should really occur? (Select One)A . OptimizeB . OperateC . InformView AnswerAnswer: B Explanation: The lifecycle phase operate in summary is focused continuous improvement. It is critical you understand these three phases for the exam. Review this page here. FinOps...
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)A . FalseB . TrueView AnswerAnswer: B Explanation: Iterative meaning that we will likely not get it totally correct right away. From dealing with shared services, poor tag management, containers,...
What would be some common names that could used for a FinOps team? (Select Three)
What would be some common names that could used for a FinOps team? (Select Three)A . Cloud Economics TeamB . Cloud Support OfficeC . Cloud Center of ExcellenceD . Cloud Business OfficeE . Chief Information OfficeView AnswerAnswer: A,C,D Explanation: A FinOps team may have different names in difference organizations. Here...
Which of the following is the FinOps simple definition of 'forecasting'. (Select One)
Which of the following is the FinOps simple definition of 'forecasting'. (Select One)A . Forecasting is the practice of predicting future spendingB . Forecasting is the practice of predicting future profitsC . Forecasting is the practice of negotiating future cloud spendD . Forecasting is the practice of negotiating future cost...
What would be two factors you must consider when organizing your team?
You have been asked to assemble the first FinOps team for your company. What would be two factors you must consider when organizing your team? (Select Two)A . Cloud provider billing modelsB . Complexity of the Cloud usageC . Location of your team membersD . Complexity of your organizationView AnswerAnswer:...
What would the next stage for the organization to accomplish?
Your organization has recently adopted a FinOps based method for dealing with adopting FinOps. Currently, your organization has recently completed 'Laying the Groundwork' for FinOps culture in your company. What would the next stage for the organization to accomplish? (Select One)A . Preparing the organization for FinOpsB . Planning for...
