Exam:FOCP
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1.Whichofthefollowingwouldbethe'primaryadvantages'ofusingcloudoveronpremisesservices? (SelectTwo)
A.CostSavings
BSpeedofdelivery
CInnovation
DEaseofuse
Answer:B,C
Explanation:
CorrectAnswers:SpeedofDeliveryandInnovation
CloudprovidesmanybenefitsCostsavingsandeaseofusecancertainlybebenefitsbutthequestion wastargetingacomparisontoonpremises
2OneofthereasonsthatmanagingKubernetescostsinthecloudcanbechallengingisthattheaverage lifespanofacontainerisoneday.(TrueorFalse)
ATrue
B.False
Answer:A
Explanation:
Kubernetesisachallengetomanage,bothonpremisesandinthecloudContainerizedenvironmentsare muchmoredynamicthannon-containerizedones,withtheaveragelifespanofacontainerbeingoneday versusatypicallymuchlongerutilizationtimeforaVMGiventhedynamicnatureoftheKubernetes scheduler,workloadscanberescheduledacrossinstancetype,zone,orevenregionThismakescost managementevenmorecomplex,asyoumustkeepupwiththerapidpaceofchange
3WhichofthefollowingstatementswouldbetrueregardingFinOps?(SelectOne)
AFinOpsensuresthatyougetthebestperformanceoutofeveryserviceusedinthecloud
BFinOpsensuresthatyourfinancialteammanagescloudspending
CFinOpsensuresyougetthemostuseoutofeveryserviceusedinthecloud
D.FinOpsensuresyougetthemostvalueoutofeverydollarspentincloud
Answer:D
Explanation:
FinOpsensuresyougetthemostvalueoutofeverydollarspentincloud
FinOpsensuresyougetthemostvalueoutofeverydollarspentincloud.FinOpsenablesashifta combinationofsystems,bestpracticesandculturetoincreaseanorganization’sabilitytounderstand cloudcostsandmakebusinesstradeoffs.InthesamewaythatDevOpsrevolutionizeddevelopmentby breakingdownsilosandincreasingagility,FinOpsincreasesthebusinessvalueofcloudbybringing togethertechnology,businessandfinanceprofessionalswithanewsetofprocesses
ReferencethispagehereWhatisFinOPs
4WhenproposingtheadoptionofaFinOpsfunctionwithinanorganization,therewillbeaneedtobriefa varietyofpersonasamongtheexecutiveteamtogainapproval,buy-in,andinvolvementinconducting
FinOpsandachievingitsgoalsEveryrolehasaclearlydocumentedPrimaryGoal
WhatistheprimarygoalforaChiefExecutiveOfficer(CEO)?(SelectOne)
AAssurancethatcloudinvestmentsarealignedwithbusinessobjectives
Thesafer,easierwaytohelpyoupassanyITexams
B.Quicklybringnewproductsandfeaturestomarketwithanaccuratepricepoint.
CLeveragetechnologytogivethebusinessamarketandcompetitiveadvantage
D.Drivebestpracticesintotheorganizationthrougheducation,standardization,andcheerleading
Answer:A
Explanation:
Assurancethatcloudinvestmentsarealignedwithbusinessobjectives
Thereareclearlylabeledrolesforeach'Persona'andwemustlearnthesefortheexamFinOps Personas
5TheFinOpsjourneyconsistsofthreeiterativephasesInform,OptimizeandOperate WhichofthefollowingstatementswouldbeacorrectdescriptionoftheInformPhase?(SelectOne)
A.Continuouslyevaluatebusinessobjectivesandthemetricstheyaretrackingagainstthoseobjectives, andhowtheyaretrending
B.Optimizetheircloudfootprint.Cloudprovidersoffermultipleleverstooptimize. CEmpoweringorganizationsandteamswithvisibility,allocation,benchmarking,budgeting,and forecasting.
Answer:C
Explanation:
Empoweringorganizationsandteamswithvisibility,allocation,benchmarking,budgeting,andforecasting ThisisthefirstphaseintheFinOpsjourney,empoweringorganizationsandteamswithvisibility,allocation, benchmarking,budgeting,andforecastingTheon-demandandelasticnatureofcloud,alongwith customizedpricinganddiscounts,makesitnecessaryforaccurateandtimelyvisibilityforintelligent decisionsAccurateallocationofcloudspendbasedontags,accounts,orbusinessmappingsenable accuratechargebackandshowbackBusinessandfinancialstakeholdersalsowanttoensuretheyare drivingROIwhilestayingwithinbudgetandaccuratelyforecastingspend,avoidingsurprises Benchmarkingasacohortandagainstteamsprovidesorganizationswiththenecessarymetricsto developahighperformingteam
FortheexamitiscriticalwecandistinguishbetweenthePhases
ThisisdirectfromtheFinOpsFoundationhttps://www.finops.org/framework/phases/
6.WhichofthefollowingaretheFinOpssponsoredMaturityAssessmentModelsteps/phases?(Select Three)
A.Evaluate
BRun
C.Walk
DCrawl
EAssess
Answer:B,C,D
Explanation: Crawl,WalkRun
ThepracticeofFinOpsisinherentlyiterativeandmaturityofanygivenprocess,functionalactivity, CapabilityorDomainwillimprovewithrepetition
A“Crawl,Walk,Run”approachtoperformingFinOpsenablesorganizationstostartsmall,andgrowin scale,scopeandcomplexityasbusinessvaluewarrantsmaturingafunctionalactivityTakingquickaction
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atasmallscaleandlimitedscopeallowsFinOpsteamstoassesstheoutcomesoftheiractions,andto gaininsightsintothevalueoftakingfurtheractioninalarger,faster,ormoregranularway
Inassessingthestateofanorganization’sFinOpsCapabilityorDomain,wecanalsousethesematurity designationstoidentifywherewearecurrentlyoperating,andtoidentifyareaswe’dliketomovefroma CrawltoaWalk,orfromaWalktoaRunmaturity
MaturityModel
7YouhavebeenaskedtoassemblethefirstFinOpsteamforyourcompany Whatwouldbetwofactorsyoumustconsiderwhenorganizingyourteam?(SelectTwo)
ACloudproviderbillingmodels
BComplexityoftheCloudusage
C.Locationofyourteammembers
DComplexityofyourorganization
Answer:B,D
Explanation:
CorrectAnswers:ComplexityofyourcloudusageandComplexityofyourorganization
Thecomplexityofyourorganizationcanentailthelayersofyourmanagement,sizeofthebusinessunits, experienceofemployees,etc.Thecomplexityofyourcloudusagecanbereallycriticaltounderstand whatcoststructureareefficientandwhatonesmaynotbeTeammembersfromengineeringthinkand speakdifferentlyasopposedtomembersfromfinancesowemusthaveacommonapproachto communicationstoreducecomplexity
8WhenproposingtheadoptionofaFinOpsfunctionwithinanorganization,therewillbeaneedtobriefa varietyofpersonasamongtheexecutiveteamtogainapproval,buy-in,andinvolvementinconducting FinOpsandachievingitsgoalsEveryrolehasaclearlydocumentedPrimaryGoal
Whatistheprimarygoalfortheprocurementbusinessunit?(SelectOne)
AAssurancethatcloudinvestmentsarealignedwithbusinessobjectives
BCloudplatformrelationshipmanagement
C.Quicklybringnewproductsandfeaturestomarketwithanaccuratepricepoint.
DDrivebestpracticesintotheorganizationthrougheducation,standardization,andcheerleading
Answer:B
Explanation:
CloudPlatformManagement
Thereareclearlylabeledrolesforeach'Persona'andwemustlearnthesefortheexamFinOps Personas
9PleaserefertothegraphicofthePhasesoftheFinOpsLifecycleforthisquestion
WhatisthecorrectorderoftheFinOpsLifecyclephases?Pleasereplace1,2,3withcorrectsequence (SelectOne)
AInform,OperateandOptimize
BInform,OptimizeandOperate
COptimize,Inform,Operate
DOptimize,Operate,Inform
Answer:B
Explanation:
1Inform,2Optimizeand3Operate
ThephasesoftheFinOpsLifecycleareclearlydocumentedhere.Pleasereviewthispagebeforethe examFinOpsPhases
10YourcurrentlyadoptingFinOpsinyourorganizationandareinStage1-PlanningforFinOpsinan organization
WhichofthefollowingtwoexerciseswouldbeunderstandStage1?(SelectTwo)
APracticeFormation
BDoYourResearch
CBuildaToolbox
D.CreateaPlan
Answer:B,D
Explanation:
CorrectAnswers:DoYourResearchandCreateaPlan
TheFinOpsFoundationaclear'AdoptingFinOps'Slidedeckthatwemustreviewifwehavenot purchasedtheFInOpsbookPleasefindtheSlideDeckhere
11Eachmajorcloudproviderlabelstheplatforms'allocationmetadata'aspecificway
HowdoesAWSnametheallocationmetadata?(SelectOne)
A“Resourcetags”,“LinkedAccounts”and“groups”
B“Subscription''Labels”and“billingaccounts”
C“Resourcetags”,“LinkedAccounts”and“Organizations”
D“Subscriptions”,“resourcegroups”and“resourcetags”
Answer:C
Explanation:
“Resourcetags”,“LinkedAccounts”and“Organizations”; GCP“labels”and“billingaccounts”;
AWS“resourcetags”,“LinkedAccounts”and“Organizations”;Azure“Subscriptions”,“ResourceGroups” and“resourcetags”
Wedoneedtoknowsomecloudproviderspecifictermsfortheexam.ReferherebeforetheexamFinOps Terminology
12WhatisFinOpsreallyaboutatitsfundamentallevel?(SelectOne)
A.Savingmoneyoncloudcosts
BDrivebusinessvalue
CReducestaff
DCentralizedprocurement
Answer:B
Explanation:
DriveBusinessValue
DefinitionfromFinOpsFoundationFinOpsensuresyougetthemostvalueoutofeverydollarspentin cloudFinOpsenablesashiftacombinationofsystems,bestpracticesandculturetoincreasean organization'sabilitytounderstandcloudcostsandmakebusinesstradeoffsFinOpsValue
13Whenconsideringsharedcostsweknowthattherearethreemainwaystoaccomplishthisaccording totheFinOpsFoundation.
Whatapproachwouldwewanttouseifwewantedtousea'relativepercentageofdirectcosts'forour costs?(SelectOne)
AFixed
BProportional
COddSplit
DEvenSplit
Answer:B
Explanation:
Proportional
Therearetypicallythreewaystosplitupsharedcosts:
Proportional:Basedonrelativepercentageofdirectcosts
Evensplit:Splittotalamountevenlyacrosstargets
Fixed:User-definedcoefficient(thesumofcoefficientsneedstobe100%)
Thispagehereisperhapsoneofthemostimportantpagestoreviewandunderstandbeforetheexam IdentifyingSharedCosts
14Whattermwouldweusetodefinetheactofchangingthesizeofprovisionedresourcestoonethat bettermatchesneeds?(SelectOne)
ARight-Sizing
BCostAvoidance
CCostReduction
DProvisioning
Answer:A
Explanation:
RightSizing
Whenacloudresourceisprovisionedlargerthanisrequired,suchashavingtoomuchmemoryor computepower,it’sconsideredoversizedRightsizingistheactofchangingthesizeofprovisioned resourcestoonethatbettermatchesneeds.
15.WhatisTechnologyBusinessManagement(TBM)?(SelectOne)
ATBMisavaluemanagementframeworkfordecisionmaking
B.TBMisanengineeringframeworkusedforFinOps
CTBMisavaluemanagementframeworkforcostmanagement
DTBMisacostmanagementframeworkforaccountants
Answer:A