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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: FinOps Definition & Principles | 12% | - Core definition and value proposition of FinOps - Six FinOps guiding principles |
| Topic 2: FinOps Lifecycle | 30% | - Optimize phase: rate and usage optimization - Operate phase: governance, continuous improvement - Inform phase: visibility, allocation, reporting |
| Topic 3: FinOps Teams & Stakeholders | 12% | - Roles, responsibilities, and organizational structure - Collaboration between finance, engineering, and business |
| Topic 4: FinOps Capabilities & Framework Domains | 28% | - Showback vs chargeback models - Unit economics and business value metrics - Cost allocation and tagging strategy - Budgeting, forecasting, and variance analysis |
| Topic 5: Terminology & Cloud Billing | 10% | - Cloud service provider billing structure - Common FinOps, DevOps, and financial terminology |
| Topic 6: Introduction & Challenges of Cloud Financial Management | 8% | - Drivers and challenges of variable cloud spending - Cloud cost management vs traditional IT financial management |
Question 1
AWS provides what is called a 'Blended Rate' on its invoices.
What is the blended rate showing? (Select One)
A. Shows the effective rate for a group of resources with different attributes.
B. Shows the variable rate for a group of resources with the variable attributes.
C. Shows the variable rate for a group of resources with the same attributes.
D. Shows the effective rate for a group of resources with the same attributes.
Question 2
Which of these describes the primary goal/motivation of the IT Finance Manager persona?
A. Drive accountability, build transparency, and ensure teams are efficient and not over budget
B. Accurately budget, forecast, and report cloud costs
C. Deliver faster and high quality services to the organization, while maintaining business as usual
D. Cloud platform relationship management
Question 3
Which of the following roles/personas would be responsible for 'Rate Negations' with a cloud provider? (Select One)
A. Office of the CFO
B. IT Finance Manager
C. Engineering
D. Procurement
Question 4
Which of the following is an open source container management platform that we use in the cloud routinely? (Select One)
A. Terraform
B. Kubernetes
C. Linux
D. Windows
Question 5
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. Create a Plan
C. Build a Toolbox
D. Do Your Research
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: D | Question 4 Answer: B | Question 5 Answer: B,D |
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