Course Outline

Introduction

  • Overview of Financial Operations (FinOps)
  • Key principles of FinOps: Accountability, Optimization, and Transparency for government operations
  • Roles and responsibilities within a FinOps team for government agencies

Phases of the FinOps Lifecycle

  • Inform Phase: Understanding cloud expenditure in government contexts
  • Optimize Phase: Maximizing value from cloud resources for government use
  • Operate Phase: Ensuring continuous and efficient operations within government agencies

Introduction to Cloud Providers and Billing

  • Understanding cloud billing models (AWS, Azure, Google Cloud) in the context of government contracts
  • Billing structures, invoices, and chargebacks for government entities

Cloud Cost Allocation and Tagging Strategy

  • Best practices for tagging and categorizing cloud resources for government use
  • Mapping cloud spend to specific business units within government agencies

Cloud Cost Optimization

  • Identifying waste: Orphaned resources, unused commitments, and right-sizing strategies for government operations
  • Implementing auto-scaling and evaluating on-demand versus reserved instances for government needs

Reporting and Dashboards

  • Tools for FinOps reporting in government: Power BI, Tableau, or cloud-native tools
  • Setting up dashboards for key metrics and alerts to enhance transparency and accountability for government agencies

Governance and Policies

  • Creating FinOps policies for budget control in government settings
  • Governance frameworks for cloud financial management for government operations

Compliance and Regulatory Considerations

  • Data residency and compliance with cloud spend regulations for government entities
  • Internal and external audits for government agencies

Collaboration Between Finance, Engineering, and Business Units

  • Aligning objectives across teams within government organizations
  • Communication strategies to ensure transparency in cloud spend management for government operations

Tools for FinOps Analysts

  • Overview of FinOps tools: CloudHealth, Cloudability, and Apptio Cloudability for government use
  • Using cloud provider tools for cost management in government agencies

Case Studies and Industry Examples

  • Real-world examples of FinOps success stories in government contexts
  • Lessons learned and best practices for government operations

Certification Exam Preparation

  • Exam structure and format for government professionals
  • Sample questions and practice tests to prepare government personnel
  • Review session and Q&A for government participants

Summary and Next Steps

Requirements

  • Basic understanding of financial concepts such as budgeting, forecasting, and cost control for government
  • Strong analytical skills

Audience

  • Financial analysts
  • Finance professionals
  • Business analysts
 14 Hours

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