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What is Technology Business Management (TBM)? (Select One)
What is Technology Business Management (TBM)? (Select One)A . TBM is a value management framework for decision making.B . TBM is an engineering framework used for FinOpsC . TBM is a value management framework for cost managementD . TBM is a cost management framework for accountantsView AnswerAnswer: A Explanation: FinOps...
In the Inform Stage of the FinOps cycle which of the following would be true regarding. (Select One)
In the Inform Stage of the FinOps cycle which of the following would be true regarding. (Select One)A . Using the data from the Inform stage will enable FinOps teams to balance operational requirements with the best financial options to improve their overall cloud operations.B . The IT, finance, and...
When it comes to the FinOps principle of 'A centralized team drives FinOps' which of the following statements would be true?
FinOps Principles are north stars that guide the activities of our FinOps practice. They’re developed by FinOps Foundation members, and honed through experience. When it comes to the FinOps principle of 'A centralized team drives FinOps' which of the following statements would be true? (Select Two)A . Centralized discount buying...
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.
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 two exercises would be understand Stage 1?
Your currently adopting FinOps in your organization and are in Stage 1 - Planning for FinOps in an organization. Which of the following two exercises would be understand Stage 1? (Select Two)A . Practice FormationB . Do Your ResearchC . Build a ToolboxD . Create a PlanView AnswerAnswer: B,D Explanation:...
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...
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:...
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...
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...
