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Which of the following would be correct when comparing TBM to FinOps? (Select Three)
Which of the following would be correct when comparing TBM to FinOps? (Select Three)A . TBM takes a top-down view whereas FinOps takes a more bottoms up view.B . FinOps has great controls into cloud, granularity, and prescriptive methods but does not include decision data.C . FinOps focuses on cloud...
'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)
'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)A . Cloud Usage OptimizationB . Performance Tracking and BenchmarkingC . Cloud Rate OptimizationD . Organizational AlignmentView AnswerAnswer: C Explanation: There are six specific domains in FinOps according to the FinOps Foundation. We will want...
Which of the following terms are associated with Agile? (Select Two)
Which of the following terms are associated with Agile? (Select Two)A . ZonesB . RightsizingC . SubscriptionsD . User StoryE . SprintView AnswerAnswer: D,E Explanation: There are several terms affiliated with Agile development such as Sprint, User Story, Epics, Lean, etc. Rightsizing, Zones and Regions are cloud computing terms. Sprint...
What is the name of the file format used in AWS Cost and Usage reports? (Select One)
What is the name of the file format used in AWS Cost and Usage reports? (Select One)A . CARB . DBRC . CURD . CSVView AnswerAnswer: D Explanation: The AWS Cost and Usage Reports (AWS CUR) contains the most comprehensive set of cost and usage data available. https://docs.aws.amazon.com/cur/latest/userguide/what-is-cur.html
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 . TrueB . FalseView AnswerAnswer:...
What is the correct order of the FinOps Lifecycle phases?
Please refer to the graphic of the Phases of the FinOps Lifecycle for this question What is the correct order of the FinOps Lifecycle phases? Please replace 1,2,3 with correct sequence (Select One)A . Inform, Operate and OptimizeB . Inform, Optimize and OperateC . Optimize, Inform, OperateD . Optimize, Operate,...
What tools in Azure could you identify?
Your business unit has decided to use Azure for its cloud services for production. Other business units have been Azure for both development and production use cases. You have been asked to provide tools in Azure that can provide recommendations for reducing costs and getting insight into better ways of...
What is the primary goal for a Chief Technology Officer (CTO)?
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...
Which of the following statements would be a correct description of the Inform Phase?
The FinOps journey consists of three iterative phases ― Inform, Optimize and Operate. Which of the following statements would be a correct description of the Inform Phase? (Select One)A . Continuously evaluate business objectives and the metrics they are tracking against those objectives, and how they are trending.B . Optimize...
Which of the following methods would we use if we wanted to ensure 'a user defined coefficient’? (Select One)
Which of the following methods would we use if we wanted to ensure 'a user defined coefficient’? (Select One)A . FixedB . ProportionalC . Even SplitD . IndirectView AnswerAnswer: B Explanation: There are typically three ways to split up shared costs: Proportional: Based on relative percentage of direct costs Even...
