Question 1

Which of the following practices best supports maximizing cloud resource utilization efficiency in a FinOps framework by addressing both underutilization and over-provisioning?

Options :

A : Using the largest instance size available to handle peak demand.

B : Reducing the number of instances without assessing actual workload needs.

C : Configuring all cloud instances to run at 100% utilization.

D : Right-sizing resources based on historical usage data and adjusting regularly.

Answer: D

Question 2

When setting up a benchmarking process to compare cloud costs against industry standards, which of the following practices best supports continuous optimization and actionable insights? (Select two)

Options :

A : Use multiple industry benchmarks to compare different aspects of cloud spending, such as storage and compute separately.

B : Focus exclusively on unit economics (e.g., cost per transaction) rather than absolute spending to facilitate meaningful comparisons.

C : Incorporate benchmarks for both cost and performance to ensure that cost savings do not compromise service quality.

D : Benchmark cloud costs only once a year to reduce the time spent on benchmarking processes.

Answer: A,C

Question 3

A multinational organization is experiencing difficulties reconciling its cloud asset inventory with its on-premise IT asset database. This discrepancy has led to challenges in accurately forecasting costs and asset utilization. Which action would best support the alignment of FinOps and ITAM practices to address these issues?

Options :

A : Conduct monthly manual audits of cloud resources to ensure all assets are tracked correctly in the ITAM system.

B : Transition all cloud assets into the ITAM database, treating them as traditional IT assets to streamline tracking and reporting.

C : Develop an automated synchronization process between the cloud inventory and ITAM system, enabling real-time updates and accurate data across both asset types.

D : Limit the ITAM team’s scope to only on-premise assets and have the FinOps team handle cloud assets independently to avoid duplication of efforts.

Answer: C

Question 4

Scenario:An organization is tracking their cloud spending and usage in comparison to industry benchmarks as part of their FinOps strategy. According to industry standards, the cost per compute hour for similar companies in their sector is $0.10. After analyzing their internal metrics, they discover that their cost per compute hour is averaging $0.15.The FinOps team is tasked with identifying possible causes for this discrepancy.

Which of the following is the most likely reason for the organization’s higher cost per compute hour?

Options :

A : They are over-relying on spot instances for critical workloads.

B : They are using too many reserved instances instead of on-demand instances.

C : They have not optimized their compute resources, leading to potential inefficiencies.

D : Their cloud provider's pricing model is outdated compared to industry standards.

Answer: C

Question 5

An organization is integrating FinOps practices with IT Asset Management (ITAM) to gain comprehensive visibility into cloud usage and costs. A key challenge is ensuring accurate tracking and management of cloud-based resources, especially those that are dynamically provisioned and decommissioned. Which of the following practices would best support this integration and improve oversight of cloud assets?

Options :

A : Implement a real-time asset inventory system that synchronizes with cloud providers to automatically update records as resources are created or deleted.

B : Establish a policy requiring all dynamically provisioned resources to be manually registered in the ITAM system by the resource owner upon creation.

C : Use quarterly manual audits to identify cloud resources and update the ITAM database to reflect current usage and ownership.

D : Use automated tagging and metadata policies to classify cloud resources by department, project, and lifecycle status, ensuring they are included in ITAM reports.

Answer: A,D

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