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| Section | Objectives |
|---|---|
| Topic 1: FinOps Operations | - Cost optimization techniques - Budgeting and forecasting |
| Topic 2: FinOps Governance and Collaboration | - Policy and accountability in cloud spend - Stakeholder collaboration (engineering, finance, product) |
| Topic 3: Understanding Cloud Usage and Cost | - Cloud billing models and pricing structures - Cost visibility and reporting |
| Topic 4: FinOps Fundamentals | - FinOps principles and lifecycle - Cloud cost allocation concepts |
1. User
Who should be involved in the creation and maintenance of a tagging or labelling strategy?
A) Finance
B) Operations
C) Application owners
D) All of these groups
2. Which of these can be an effective way to encourage teams to take optimization actions?
A) Utilizing FinOps team members' influence in their organization
B) All of these
C) Building credibility and trust through small wins
D) Aligning goals
3. 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) Optimize their cloud footprint. Cloud providers offer multiple levers to optimize.
B) Continuously evaluate business objectives and the metrics they are tracking against those objectives, and how they are trending.
C) Empowering organizations and teams with visibility, allocation, benchmarking, budgeting, and forecasting.
4. Which of the following statements would be true regarding deploying Kubernetes clusters concerning cost complexity. (Select Two)
A) The traditional approach to billing for managed Kubernetes services is to charge per node
B) Generally organizations have multiple teams consuming portions of those underlying container resources.
C) The average lifespan of a container being one day versus a typically much longer utilization time for a VM
D) Allocating costs in a container environment can provide less challenges than traditional cloud environments
5. 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) Even Split
B) Odd Split
C) Fixed
D) Proportional
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B,C | Question # 5 Answer: D |
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