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FINOPS CERTIFIED PRACTITIONER (FOCP) ACTUAL EXAM QUESTIONS AND ANSWERS ALREADY GRADEED A+ 100% PASS €12,77
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FINOPS CERTIFIED PRACTITIONER (FOCP) ACTUAL EXAM QUESTIONS AND ANSWERS ALREADY GRADEED A+ 100% PASS

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FINOPS CERTIFIED PRACTITIONER (FOCP) ACTUAL EXAM QUESTIONS AND ANSWERS ALREADY GRADEED A+ 100% PASS

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FINOPS CERTIFIED PRACTITIONER (FOCP) ACTUAL
EXAM QUESTIONS AND ANSWERS ALREADY
GRADEED A+ 100% PASS

Chapter 1: What Is FinOps? conclusion - ANSWERS-- FinOps is about collaboration
between all teams inside an organization.
- Everyone has a part to play and should become cost-aware.
- The core principles of FinOps should be the foundation of all processes around
cloud financial management.
- Real-time reporting gauges your current spend and optimizations.
- Data-driven processes are key to an organization becoming cost-efficient.
- Business decisions can accelerate and match the rate of cloud resource
decisions.


OSSM - ANSWERS-on-demand
scalable
self-service
measurable


Prius effect - ANSWERS-The effect of changed behavior as a result of making
information about a subject more visible and available.


Three parts of a successful FinOps practice - ANSWERS-Real time reporting + just-
in-time processes + teams working together = FinOps

,Core principles of FinOps - ANSWERS-1) Teams need to collaborate
2) Decisions are driven by the business value of the cloud
3) Everyone takes ownership of their cloud usage
4) FinOps reports should be accessible and timely
5) A centralized team drives FinOps
6) Take advantage of the variable cost model of the cloud


unit economics - ANSWERS-measure cloud spend against a business metric (total
revenue, shipments made, paid subscribers, customer orders completed, etc.)




Chapter 2: Why FinOps? conclusion - ANSWERS-- Cloud spend has -- or soon will
have -- a major effect on organization balance sheets.
- The procurement team no longer has control of the spending. In cloud this
power has been pushed to engineers.
- FinOps allows you to operate at the per-second speed of cloud rather than
relying on traditional monthly or quarterly spend reviews, which allows you to
avoid unexpected costs.


Why a centralized team? - ANSWERS-- unbiased team shares objective best
practices and recommendations so won't push a specific agenda
- fosters agreement that the spend data is objectively attributed to the correct
team
- defines what the organization uses as a business metric so everyone speaks the
same language

, Executive persona - ANSWERS-examples: VP/Head of Infrastructure, VP/Head of
Cloud Management and Operations, CTO, CIO


- focus on driving accountability and building transparency, ensuring teams are
being efficient and not exceeding budgets
- drivers of the cultural shift that helps engineers begin considering cost as an
efficiency metric


FinOps practitioners persona - ANSWERS-examples: Cloud Cost Optimization
Manager, Cloud FinOps Analyst, Director of Cloud Optimization, Manager of Cloud
Operations, Cloud Cost Optimization Data Analyst


- understand different perspectives and have cross-functional awareness and
expertise
- central team that drives best practices into the organization, provides cloud
spend reporting at all the needed levels, and acts as an interface between various
areas of the business


Engineering and operations persona - ANSWERS-examples: Lead Software
Engineer, Principal Systems Engineer, Cloud Architect, Service Delivery Manager,
Engineering Manager, Director of Platform Engineering


- focus on building and supporting services for the organization
- consider the efficient design and use of resources via activities such as
rightsizing, allocating container costs, finding unused storage and compute, and
identifying whether spending anomalies are expected

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