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What is FinOps really about at its fundamental level? (Select One)
What is FinOps really about at its fundamental level? (Select One)A . Saving money on cloud costsB . Drive business valueC . Reduce staffD . Centralized procurementView AnswerAnswer: B Explanation: Drive Business Value Definition from FinOps Foundation. FinOps ensures you get the most value out of every dollar spent in...
What approach would we want to use if we wanted to use a 'relative percentage of direct costs' for our costs?
When considering shared costs we know that there are three main ways to accomplish this according to the FinOps Foundation. What approach would we want to use if we wanted to use a 'relative percentage of direct costs' for our costs? (Select One)A . FixedB . ProportionalC . Odd SplitD...
What is the correct definition of an image? (Select One)
What is the correct definition of an image? (Select One)A . A group of server instances, managed by container orchestration.B . A template of a container with the software that needs to be run.C . Virtual cluster where pods/containers can be deployed separately from other namespaces.D . Cloud server (e.g.,...
Which of the following would be a true statement regarding the decision making in a FinOps organization?
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 spendingB ....
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:...
Which of the following would be considered a 'measure of success' for a FinOps based organization? (Select Two)
Which of the following would be considered a 'measure of success' for a FinOps based organization? (Select Two)A . The cloud cost reporting ecosystem becomes a fundamental aspect of the IT departmentB . FinOps team can define desired level of training requirementsC . Overall Tagging Compliance is 90% or aboveD...
What is the primary goal for the procurement business unit?
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...
Which of the following would likely be considered a FinOps professionals responsibility?
You have started working a new role in an organization that practices FinOps. Your new role has focused on FinOps for some of your duties. Which of the following would likely be considered a FinOps professionals responsibility? (Select Two)A . Maximize the value of the cloud spend.B . Continuously improve...
Which of the following are the three ways that we would be able to split up shared costs? (Select Three)
Which of the following are the three ways that we would be able to split up shared costs? (Select Three)A . ProportionalB . Even SplitC . Complex SplitD . IndirectE . FixedView AnswerAnswer: A,B,E Explanation: There are typically three ways to split up shared costs: Proportional: Based on relative percentage...
Which of the following would be correct when comparing TBM to FinOps? (Select Three)
Which of the following would be correct when comparing TBM to FinOps? (Select Three)A . TBM takes a top-down view whereas FinOps takes a more bottoms up view.B . FinOps has great controls into cloud, granularity, and prescriptive methods but does not include decision data.C . FinOps focuses on cloud...
