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 spending
B. Forecasting is the practice of predicting future profits
C. Forecasting is the practice of negotiating future cloud spend
D. Forecasting is the practice of negotiating future cost overuns

View Answer

Answer: A

Explanation:

combination of historical spending and an evaluation of future plans. understanding how future cloud

infrastructure and application lifecycle changes may impact current budgets and influence budget

planning and future cloud investment decisions.

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