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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 Teams & Stakeholders | 12% | - Roles, responsibilities, and organizational structure - Collaboration between finance, engineering, and business |
| Topic 3: FinOps Lifecycle | 30% | - Optimize phase: rate and usage optimization - Operate phase: governance, continuous improvement - Inform phase: visibility, allocation, reporting |
| Topic 4: FinOps Capabilities & Framework Domains | 28% | - Cost allocation and tagging strategy - Showback vs chargeback models - Budgeting, forecasting, and variance analysis - Unit economics and business value metrics |
| 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 |
1. This term describes the amount of a commitment-based discount that went unused for a given time frame.
A) Vacancy
B) Uncommitted capacity
C) Amortization
D) Blended cost
2. User
Who should be involved in the creation and maintenance of a tagging or labelling strategy?
A) Operations
B) All of these groups
C) Finance
D) Application owners
3. Which of the following is true regarding teams working in FinOps organizations? (Select Two)
A) FinOps is a decentralized structure and it should reflect in the teams.
B) Teams have different motivators that drive spend and savings.
C) Finance should lead the FinOps Teams.
D) All teams have a role to play in FinOps.
4. 'Establish FinOps Culture' would be under what domain according to the FinOps Foundation? (Select One)
A) Understanding Cloud Usage and Cost
B) Cloud Usage Optimization
C) Real-Time Decision Making
D) Organizational Alignment
5. 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 primary goal for a Chief Executive Officer (CEO)? (Select One)
A) Leverage technology to give the business a market and competitive advantage
B) Drive best practices into the organization through education, standardization, and cheerleading
C) Assurance that cloud investments are aligned with business objectives
D) Quickly bring new products and features to market with an accurate price point.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B,D | Question # 4 Answer: D | Question # 5 Answer: C |
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