Updated FinOps Certified Practitioner FOCP Dumps V10.02: Prepare for the FOCP Exam Well

1. Which of the following would be the 'primary advantages' of using cloud over on premises services? (Select Two)

2. One of the reasons that managing Kubernetes costs in the cloud can be challenging is that the average lifespan of a container is one day. (True or False)

3. Which of the following statements would be true regarding FinOps? (Select One)

4. When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal.

What is the primary goal for a Chief Executive Officer (CEO)? (Select One)

5. The FinOps journey consists of three iterative phases ― Inform, Optimize and Operate.

Which of the following statements would be a correct description of the Inform Phase? (Select One)

6. Which of the following are the FinOps sponsored Maturity Assessment Model steps/phases? (Select Three)

7. You have been asked to assemble the first FinOps team for your company.

What would be two factors you must consider when organizing your team? (Select Two)

8. When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal.

What is the primary goal for the procurement business unit? (Select One)

9. Please refer to the graphic of the Phases of the FinOps Lifecycle for this question

What is the correct order of the FinOps Lifecycle phases? Please replace 1,2,3 with correct sequence (Select One)

10. Your currently adopting FinOps in your organization and are in Stage 1 - Planning for FinOps in an organization.

Which of the following two exercises would be understand Stage 1? (Select Two)

11. Each major cloud provider labels the platforms 'allocation metadata' a specific way.

How does AWS name the allocation metadata? (Select One)

12. What is FinOps really about at its fundamental level? (Select One)

13. When considering shared costs we know that there are three main ways to accomplish this according to the FinOps Foundation.

What approach would we want to use if we wanted to use a 'relative percentage of direct costs' for our costs? (Select One)

14. What term would we use to define the act of changing the size of provisioned resources to one that better matches needs? (Select One)

15. What is Technology Business Management (TBM)? (Select One)

16. Your currently working with the head of finance to understand how to identify specific cloud usage to specific business units.

What would we use to account for costs for each business units and then debit the business unit for the cloud usage?

17. Which of the following would be the most direct description of what FinOps is about? (Select One)

18. In the Inform Stage of the FinOps cycle which of the following would be true regarding. (Select One)

19. FinOps as we likely learned requires a culture shift in how our organization addresses cloud spend.

Which of the following would be a true statement regarding the decision making in a FinOps organization? (Select One)

20. In a FinOps based organization spending is a concern only for finance team and the FinOps team members. (True or False)

21. In the world of FinOps the process of spreading out shared costs is iterative, and evolves over time. (True or False)

22. Should the FinOps team be a gatekeeper to cloud spending? (Select One)

23. Your FinOps lead has requested all cloud expenses and would like to understand all costs realized and paid for this quarter.

What type of expense would consider this? (Select One)

24. Which of the following is an open source container management platform that we use in the cloud routinely? (Select One)

25. Distributed decision making coupled with the move to variable spending in cloud allows technology teams to efficiently partner with finance and business teams to make informed decisions that drive continual optimization. (True or False)

26. Which of the following methods would we use if we wanted to ensure 'a user defined coefficient' ? (Select One)

27. There are effectively two 'levers' that are used to reduce costs in cloud computing.

What are they? (Select Two)

28. Which of the following are some common reasons it can be harder to bill and report on Kubernetes costs? (Select Two)

29. Which of the following would be the correct description of what a 'cluster' is in Kubernetes? (Select One)

30. Which of the following methods would we use if we wanted to ensure 'a user defined coefficient’? (Select One)

31. When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal.

What is the primary

goal for a Chief Technology Officer (CTO)? (Select One)

32. What is the name of the resource you would look at to identify the full list of the columns that can appear in AWS Cost and Usage Reports (AWS CUR) and the services that the columns apply to? (Select One)

33. What would be some common names that could used for a FinOps team? (Select Three)

34. Which of the following terms are associated with Agile? (Select Two)

35. In FinOps decisions are driven by the business value of the cloud? True or False?

36. FinOps Practitioners use ___________________________ to provide insight into how well an organization is doing with cloud spend. (Select One)

37. Which of the following is the best definition of a Kubernetes Pod? (Select One)

38. When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal.

What is the primary goal for a Chief Technology Officer (CTO)? (Select One)

39. When proposing the adoption of a FinOps function within an organization, there will be a need to brief a variety of personas among the executive team to gain approval, buy-in, and involvement in conducting FinOps and achieving its goals. Every role has a clearly documented Primary Goal.

What is the primary goal for the Engineering Lead? (Select One)

40. What is the name of the file format used in AWS Cost and Usage reports? (Select One)

41. 'Manage Commitment Based Discounts' would be under what domain according to the FinOps Foundation? (Select One)

42. FinOps Principles are north stars that guide the activities of our FinOps practice. They’re developed by FinOps Foundation members, and honed through experience.

When it comes to the FinOps principle of 'A centralized team drives FinOps' which of the following statements would be true? (Select Two)

43. When comparing TBM and FinOps, which one would focus on results mainly on speed? (Select One)

44. Which of the following is NOT part of the FinOps Maturity Model? (Select One)

45. Which are the correct FinOps Principles? (Select Six)

46. Which of the following a native tool in AWS that we would use in our FinOps exercises to understand costing issues, get recommendations, etc.

47. Your organization has recently adopted a FinOps based method for dealing with cloud costs and adopting FinOps. Currently, your organization has recently completed 'Step Two' for FinOps culture in your company.

What would the next stage for the organization to accomplish? (Select One)

48. Your business unit has decided to use Azure for its cloud services for production. Other business units have been Azure for both development and production use cases. You have been asked to provide tools in Azure that can provide recommendations for reducing costs and getting insight into better ways of resource management.

What tools in Azure could you identify? (Select Two)

49. FinOps Principles are north stars that guide the activities of our FinOps practice. These principles are clearly broken down and we must encourage members to practice these. When it comes to these principles which of the following activities would be under the 'Teams need to Collaborate' principle? (Select One)

50. FinOps Principles gives us what are called___________________to help guide our activities in FinOps. (Select One)