FINOPS CERTIFIED PRACTITIONER EXAM WITH COMPLETE DETAILED QUESTIONS AND CORRECT VERIFIED ANS

FINOPS CERTIFIED PRACTITIONER
EXAM WITH COMPLETE DETAILED
QUESTIONS AND CORRECT
VERIFIED ANS

, What is FinOps - ANSWERAn operational framework and cultural practice which
maximizes the business value of cloud, enables timely data-driven decision making, and
creates financial accountability through collaboration between engineering, finance, and
business teams.

What are some other names for FinOps practices/teams? - ANSWERCloud Financial
Management, Cloud Financial Engineering, Cloud Cost Management, Cloud
Optimization, Cloud Financial Optimization.

What is the definition of a FinOps Principle? - ANSWERThey act as the north stars,
guiding the activities of a FinOps practice.

What are the FinOps Principles? - ANSWERTeams need to collaborate
Everyone takes ownership for their cloud usage
Decisions are driven by business value of cloud
FinOps data should be accessible and timely
A centralized team drives FinOps
Take advantage of the variable cost model of the cloud

What is the definition of FinOps Personas? - ANSWERThey represent broad
stakeholder groups that must collaborate, not individual people. There are core
personas and allied personas.

What are the Core FinOps Personas? - ANSWERFinOps Practitioner
Leadership
Product
Engineering
Finance
Procurement

What are the Allied FinOps Personas? - ANSWERITSM/ITIL
ITAM
Sustainability
Security
ITFM

What are the FinOps Phases? - ANSWERInform, Optimize, Operate.

What is the primary objective for the Inform Phase of FinOps? - ANSWERVisibility and
Allocation.