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Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (Select Three)
Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (Select Three)A . Evaluate B. Run C. Walk D. Crawl E. AssessView AnswerAnswer: B,C,D Explanation: Crawl, Walk Run The practice of FinOps is inherently iterative and maturity of any given process, functional activity, Capability or Domain will improve...
Which of the following two exercises would be understand Stage 1?
Your currently adopting FinOps in your organization and are in Stage 1 - Planning for FinOps in an organization. Which of the following two exercises would be understand Stage 1? (Select Two)A . Practice Formation B. Do Your Research C. Build a Toolbox D. Create a PlanView AnswerAnswer: B,D Explanation:...
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 department B. FinOps team can define desired level of training requirements C. Overall Tagging Compliance is 90% or above...
Which of the following would be the 'primary advantages' of using cloud over on premises services? (Select Two)
Which of the following would be the 'primary advantages' of using cloud over on premises services? (Select Two)A . Cost Savings B. Speed of delivery C. Innovation D. Ease of useView AnswerAnswer: B,C Explanation: Correct Answers: Speed of Delivery and Innovation Cloud provides many benefits. Cost savings and ease of...
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...
What is Technology Business Management (TBM)? (Select One)
What is Technology Business Management (TBM)? (Select One)A . TBM is a value management framework for decision making. B. TBM is an engineering framework used for FinOps C. TBM is a value management framework for cost management D. TBM is a cost management framework for accountantsView AnswerAnswer: A Explanation: TBM...
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 models B. Complexity of the Cloud usage C. Location of your team members D. Complexity of your organizationView AnswerAnswer:...
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 costs B. Drive business value C. Reduce staff D. 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...
The CFO has just approached the FinOps team members and requested that all costs that are being submitted and analyzed should be amortized. The CFO also requested that the costs be allocated to each business unit. Would this be a best practice? (True or False)
The CFO has just approached the FinOps team members and requested that all costs that are being submitted and analyzed should be amortized. The CFO also requested that the costs be allocated to each business unit. Would this be a best practice? (True or False)A . True B. FalseView 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 FinOps B. Planning for...
