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

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