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Practice what you just read
10 free practice questions. No credit card.
| Principle | Key Meaning | Common Exam Scenario |
|---|---|---|
| Teams need to collaborate | Engineering, Finance, and Business share accountability | Finance and Engineering operating in siloes without shared cost visibility |
| Business value drives decisions | Cost optimization must not harm revenue, compliance, or customers | Saving money that creates larger business losses |
| Everyone takes ownership | Engineers own cost implications of their architectural decisions | Dev team deploys to production without estimating costs |
| FinOps data should be accessible & timely | Near-real-time cost visibility — not monthly reports | Teams receiving reports 30 days late cannot act on them |
| FinOps should be enabled centrally | Central team provides tools, standards, and best practices | Hub-and-spoke model with cost champions in each engineering team |
| Take advantage of variable cost model | Cloud consumption-based pricing is an advantage — use it | Traditional enterprises applying fixed-cost data center thinking to cloud |
Practice what you just read
10 free practice questions. No credit card.
| Level | Characteristics | Example Activities |
|---|---|---|
| Crawl | Manual processes, basic visibility, reactive management | Monthly cost reviews, manual tagging, spreadsheet allocation |
| Walk | Automated reporting, self-service dashboards, forecasting | Daily dashboards, automated anomaly alerts, self-service optimization |
| Run | Full automation, ML-driven insights, continuous optimization | Auto-rightsizing, automated RI purchasing, ML anomaly detection with auto-remediation |
| Phase | Goal | Key Activities |
|---|---|---|
| Inform | Establish visibility and understanding of cloud spending | Tagging, allocation, dashboards, showback reports, anomaly detection |
| Optimize | Use visibility data to actively reduce costs | Rightsizing, commitment instruments (RIs/Savings Plans), storage tiering, waste elimination |
| Operate | Embed governance and automation into ongoing operations | Automated policies, scheduled shutdowns, chargeback, continuous improvement |