Course Outline

Introduction

  • Overview of FinOps for government
  • 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 for government operations
  • Optimize Phase: Maximizing value through efficient resource allocation
  • Operate Phase: Ensuring continuous and sustainable operations

Introduction to Cloud Providers and Billing

  • Understanding cloud billing models (AWS, Azure, Google Cloud) for government agencies
  • Billing structure, invoices, and chargebacks in a public sector context

Cloud Cost Allocation and Tagging Strategy

  • Best practices for tagging and categorizing cloud resources to support financial governance
  • Mapping cloud spend to business units to enhance transparency and accountability

Cloud Cost Optimization

  • Identifying waste: Orphaned resources, unused commitments, and right-sizing strategies for government use cases
  • Implementing auto-scaling and on-demand vs. reserved instances to optimize costs

Reporting and Dashboards

  • Tools for FinOps reporting (Power BI, Tableau, or cloud-native tools) tailored for government needs
  • Setting up dashboards for key metrics and alerts to support informed decision-making

Governance and Policies

  • Creating FinOps policies for budget control in the public sector
  • Governance frameworks for cloud financial management tailored for government operations

Compliance and Regulatory Considerations

  • Data residency and cloud spend compliance for government agencies
  • Internal and external audits to ensure regulatory adherence

Collaboration Between Finance, Engineering, and Business Units

  • Aligning objectives across teams to support unified financial management practices
  • Communication strategies for transparency in cloud spend within government organizations

Tools for FinOps Analysts

  • Overview of FinOps tools: CloudHealth, Cloudability, and Apptio Cloudability for government use
  • Using cloud provider tools for cost management to support public sector workflows

Case Studies and Industry Examples

  • Real-world examples of FinOps success stories in the public sector
  • Lessons learned and best practices for government agencies

Certification Exam Preparation

  • Exam structure and format to prepare FinOps professionals for government roles
  • Sample questions and practice tests to enhance readiness
  • Review session and Q&A to address specific concerns related to government operations

Summary and Next Steps

Requirements

  • Fundamental knowledge of financial principles, including budgeting, forecasting, and cost management
  • Basic analytical skills

Audience

  • Financial analysts for government
  • Finance professionals
  • Business analysts
 14 Hours

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