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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 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 are they?
There are effectively two 'levers' that are used to reduce costs in cloud computing. What are they? (Select Two)A . Restructuring CostsB . Mitigating CostsC . Avoiding CostsD . Reducing CostsView AnswerAnswer: C,D Explanation: There are two levers. 1.Reduce what you use and we call this avoiding costs 2. Pay...
What would we use to account for costs for each business units and then debit the business unit for the cloud usage?
Your currently working with the head of finance to understand how to identify specific cloud usage to specific business units. What would we use to account for costs for each business units and then debit the business unit for the cloud usage?A . ChargebackB . ResevationssC . ShowbackD . AllocationE...
Which of the following would be the 'primary advantages' of using cloud over on premises services? (Select Two)
Which of the following would be the 'primary advantages' of using cloud over on premises services? (Select Two)A . Cost SavingsB . Speed of deliveryC . InnovationD . Ease of useView AnswerAnswer: AB Explanation: Correct Answers: Speed of Delivery and Innovation Cloud provides many benefits. Cost savings and ease of...
'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...
What would be some common names that could used for a FinOps team? (Select Three)
What would be some common names that could used for a FinOps team? (Select Three)A . Cloud Economics TeamB . Cloud Support OfficeC . Cloud Center of ExcellenceD . Cloud Business OfficeE . Chief Information OfficeView AnswerAnswer: A,C,D Explanation: A FinOps team may have different names in difference organizations. Here...
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 approach would we want to use if we wanted to use a 'relative percentage of direct costs' for our costs?
When considering shared costs we know that there are three main ways to accomplish this according to the FinOps Foundation. What approach would we want to use if we wanted to use a 'relative percentage of direct costs' for our costs? (Select One)A . FixedB . ProportionalC . Odd SplitD...
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...
