From the course: FinOps Essentials for Cloud Deployments

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Basic FinOps planning for the enterprise

Basic FinOps planning for the enterprise

From the course: FinOps Essentials for Cloud Deployments

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Basic FinOps planning for the enterprise

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- [Instructor] Cloud FinOps planning should occur as a dual effort between finance and cloud operations. Coming up with a common set of objectives, metrics, and processes to implement an effective Cloud FinOps practice in supporting technology stack. Concepts and questions that typically need to be answered as far as planning goes, includes the core purpose of the FinOps practice and technology set, including core business requirements that need to be considered. This means finding the core reasons that a Cloud FinOps practice is being established and what needs to occur to live up to the expectations of the business. Core metrics that need to be gathered including spending data that is needed to calculate these metrics. What is the objective around determining the cost viability of the cloud systems? And how do we measure success? Duties and roles, including what staff is needed and what skills they should have. Tools…

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