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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...
Which of the following is an open source container management platform that we use in the cloud routinely? (Select One)
Which of the following is an open source container management platform that we use in the cloud routinely? (Select One)A . TerraformB . KubernetesC . LinuxD . WindowsView AnswerAnswer: B Explanation: Kubernetes is an open source Please reference this page before the exam. Calculating container costs And if your not...
One of the reasons that managing Kubernetes costs in the cloud can be challenging is that the average lifespan of a container is one day. (True or False)
One of the reasons that managing Kubernetes costs in the cloud can be challenging is that the average lifespan of a container is one day. (True or False)A . TrueB . FalseView AnswerAnswer: A Explanation: Kubernetes is a challenge to manage, both on premises and in the cloud. Containerized environments...
Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (Select Three)
Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (Select Three)A . EvaluateB . RunC . WalkD . CrawlE . AssessView AnswerAnswer: CDE Explanation: Crawl, Walk Run The practice of FinOps is inherently iterative and maturity of any given process, functional activity, Capability or Domain will improve...
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,...
Distributed decision making coupled with the move to variable spending in cloud allows technology teams to efficiently partner with finance and business teams to make informed decisions that drive continual optimization. (True or False)
Distributed decision making coupled with the move to variable spending in cloud allows technology teams to efficiently partner with finance and business teams to make informed decisions that drive continual optimization. (True or False)A . FalseB . TrueView AnswerAnswer: B Explanation: Statement is correct. Remember that FinOps is really about...
In FinOps decisions are driven by the business value of the cloud? True or False?
In FinOps decisions are driven by the business value of the cloud? True or False?A . FalseB . TrueView AnswerAnswer: B Explanation: Cloud has been commonly looked to a 'Cost Center'. With FinOps we look at the cloud as a business value creator. One of the main roles of FinOps...
When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select One)
When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select One)A . FinOpsB . TBMView AnswerAnswer: A Explanation: FinOps is focused on results much more frequently than with TBM. TBM is monthly or quarterly focused whereas FinOps collects and reviews data constantly.
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,...
Which of the following is NOT part of the FinOps Maturity Model? (Select One)
Which of the following is NOT part of the FinOps Maturity Model? (Select One)A . CrawlB . WalkC . SprintD . RunView AnswerAnswer: C Explanation: Explanation. A “Crawl, Walk, Run” approach to performing FinOps enables organizations to start small, and grow in scale, scope and complexity as business value warrants...
