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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: What Is FinOps & FinOps Principles | 12% | - Define FinOps - Understand each FinOps principle |
| Topic 2: Challenge of Cloud | 8% | - Understand the challenges of working with cloud - Recognize differences between cloud and traditional IT |
| Topic 3: FinOps Lifecycle | 30% | - Optimize phase - Operate phase - Inform phase |
| Topic 4: FinOps Capabilities | 28% | - Activities associated with each capability - Understand FinOps capability pillars |
| Topic 5: Terminology & the Cloud Bill | 10% | - Cloud billing and terminology basics - FinOps and finance terms |
| Topic 6: FinOps Teams & Motivation | 12% | - Roles and responsibilities of FinOps teams - Team positioning and motivation |
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)
Correct Answer: A 🗳️
Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).
Cloud Unit Economics can be defined as a system of profit maximization based on objective measurements of how well your organization is performing against, not only its FinOps goals, but as a business in the market.
Correct Answer: B 🗳️
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)
Correct Answer: B 🗳️
Explanation: Only visible for PracticeDump members. You can sign-up / login (it's free).
Should the FinOps team be a gatekeeper to cloud spending? (Select One)
Correct Answer: A 🗳️
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The FinOps lifecycle is conceptually similar to which other methodologies?
Correct Answer: B 🗳️
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