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What is the term we would call this pricing strategy?
Cloud providers such as AWS and GCP allow for discounts by letting customers commit to a cloud service provider for a set amount of resource usage such as using a Reserved Instance or Committed Discounts. What is the term we would call this pricing strategy? (Select One)A . AllocationsB ....
What is the primary goal for a Chief Executive Officer (CEO)?
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 would be the correct description of what a 'cluster' is in Kubernetes? (Select One)
Which of the following would be the correct description of what a 'cluster' is in Kubernetes? (Select One)A . A template of services to be ran in KubernetesB . A group of server instances, managed by container orchestration.C . A template of a container with the software that needs to...
FinOps Principles gives us what are called___________________to help guide our activities in FinOps. (Select One)
FinOps Principles gives us what are called___________________to help guide our activities in FinOps. (Select One)A . North PoleB . Guiding LightsC . AurorasD . North StarsView AnswerAnswer: D Explanation: Reference https://www.finops.org/framework/principles/ FinOps Principles are north stars that guide the activities of our FinOps practice. They’re developed by FinOps Foundation members,...
What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)
What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)A . Right-SizingB . Cost AvoidanceC . Cost ReductionD . ProvisioningView AnswerAnswer: A Explanation: Right Sizing When a cloud resource is provisioned larger than is required, such...
Which of the following is the best definition of a Kubernetes Pod? (Select One)
Which of the following is the best definition of a Kubernetes Pod? (Select One)A . A pod consists of a group of nodes and treats them as multiple blocks of resources that can be scheduled and scaled on the nodes.B . A pod consists of a group of nodes and...
What is the primary goal for the procurement business unit?
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...
A centralized FinOps team should be able to drive FinOps. True or False (Select One)
A centralized FinOps team should be able to drive FinOps. True or False (Select One)A . TrueB . FalseView AnswerAnswer: A Explanation: One of the principles of FinOps revolves around centralization since we must be able to standardize the best practices thru the organization. Changing the culture of an organization...
How does AWS name the allocation metadata?
Each major cloud provider labels the platforms 'allocation metadata' a specific way. How does AWS name the allocation metadata? (Select One)A . “Resource tags”, “Linked Accounts” and “groups”B . “Subscription'. 'Labels” and “billing accounts”C . “Resource tags”, “Linked Accounts” and “Organizations”D . “Subscriptions”, “resource groups” and “resource tags”View AnswerAnswer: C...
Which of the following are phases in the FinOPS Lifecycle? (Select Three)
Which of the following are phases in the FinOPS Lifecycle? (Select Three)A . PerformB . OperationalizeC . ImplementD . IdentifyE . InformView AnswerAnswer: B,D,E Explanation: According to the FinOps Foundation the FinOps journey consists of three iterative phases ― Inform, Optimize and Operate. Any company may be in multiple phases...
