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Course Outline
Introduction
- Overview of FinOps
- Key principles of FinOps: Accountability, Optimization, and Transparency
- Roles and responsibilities within a FinOps team
Phases of the FinOps Lifecycle
- Inform Phase: Understanding cloud spend
- Optimize Phase: Maximizing value
- Operate Phase: Continuous operations
Introduction to Cloud Providers and Billing
- Understanding cloud billing models (AWS, Azure, Google Cloud)
- Billing structure, invoices, and chargebacks
Cloud Cost Allocation and Tagging Strategy
- Best practices for tagging and categorizing cloud resources
- Mapping cloud spend to business units
Cloud Cost Optimization
- Identifying waste: Orphaned resources, unused commitments, and right-sizing
- Implementing auto-scaling and on-demand vs. reserved instances
Reporting and Dashboards
- Tools for FinOps reporting (Power BI, Tableau, or cloud-native tools)
- Setting up dashboards for key metrics and alerts
Governance and Policies
- Creating FinOps policies for budget control
- Governance frameworks for cloud financial management
Compliance and Regulatory Considerations
- Data residency and cloud spend compliance
- Internal and external audits
Collaboration Between Finance, Engineering, and Business Units
- Aligning objectives across teams
- Communication strategies for transparency in cloud spend
Tools for FinOps Analysts
- Overview of FinOps tools: CloudHealth, Cloudability, and Apptio Cloudability
- Using cloud provider tools for cost management
Case Studies and Industry Examples
- Real-world examples of FinOps success stories
- Lessons learned and best practices
Certification Exam Preparation
- Exam structure and format
- Sample questions and practice tests
- Review session and Q&A
Summary and Next Steps
Requirements
- Basic understanding of financial concepts like budgeting, forecasting, and cost control
- Basin analytical skills
Audience
- Financial analysts
- Finance professionals
- Business analysts
14 Hours
Testimonials (2)
i like that it was easy to understand - not too technical
Kirthanya Pillay - Woolworths Financial Services
Course - FinOps Certified Practitioner (FOCP) Preparation
he was informative, shared a lot of material to reference
