The spending patterns have changed quite a bit when compared to on premises consumption models.
The spending patterns have changed quite a bit when compared to on premises consumption models. Which of the following statements would correct how DevOps and Cloud have changed IT purchasing.A . Finance has more visibility into purchasing than before with CAPEX fundingB . Spending is staticC . Engineers have the...
Which phase of the FinOps cycle is where continuous optimization should really occur? (Select One)
Which phase of the FinOps cycle is where continuous optimization should really occur? (Select One)A . OptimizeB . OperateC . InformView AnswerAnswer: B Explanation: The lifecycle phase operate in summary is focused continuous improvement. It is critical you understand these three phases for the exam. Review this page here. FinOps...
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)
In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)A . FalseB . TrueView AnswerAnswer: B Explanation: Iterative meaning that we will likely not get it totally correct right away. From dealing with shared services, poor tag management, containers,...
Which of the following is the FinOps simple definition of 'forecasting'. (Select One)
Which of the following is the FinOps simple definition of 'forecasting'. (Select One)A . Forecasting is the practice of predicting future spendingB . Forecasting is the practice of predicting future profitsC . Forecasting is the practice of negotiating future cloud spendD . Forecasting is the practice of negotiating future cost...
What would the next stage for the organization to accomplish?
Your organization has recently adopted a FinOps based method for dealing with adopting FinOps. Currently, your organization has recently completed 'Laying the Groundwork' for FinOps culture in your company. What would the next stage for the organization to accomplish? (Select One)A . Preparing the organization for FinOpsB . Planning for...
What is the correct definition of an image? (Select One)
What is the correct definition of an image? (Select One)A . A group of server instances, managed by container orchestration.B . A template of a container with the software that needs to be run.C . Virtual cluster where pods/containers can be deployed separately from other namespaces.D . Cloud server (e.g.,...
What would be two factors you must consider when organizing your team?
You have been asked to assemble the first FinOps team for your company. What would be two factors you must consider when organizing your team? (Select Two)A . Cloud provider billing modelsB . Complexity of the Cloud usageC . Location of your team membersD . Complexity of your organizationView AnswerAnswer:...
Which of the following would be considered a 'measure of success' for a FinOps based organization? (Select Two)
Which of the following would be considered a 'measure of success' for a FinOps based organization? (Select Two)A . The cloud cost reporting ecosystem becomes a fundamental aspect of the IT departmentB . FinOps team can define desired level of training requirementsC . Overall Tagging Compliance is 90% or aboveD...
Which of the following would likely be considered a FinOps professionals responsibility?
You have started working a new role in an organization that practices FinOps. Your new role has focused on FinOps for some of your duties. Which of the following would likely be considered a FinOps professionals responsibility? (Select Two)A . Maximize the value of the cloud spend.B . Continuously improve...
Which of the following are the three ways that we would be able to split up shared costs? (Select Three)
Which of the following are the three ways that we would be able to split up shared costs? (Select Three)A . ProportionalB . Even SplitC . Complex SplitD . IndirectE . FixedView AnswerAnswer: A,B,E Explanation: There are typically three ways to split up shared costs: Proportional: Based on relative percentage...