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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
Testimonials (3)
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
i like that it was easy to understand - not too technical
Kirthanya Pillay - Woolworths Financial Services
Course - FinOps Certified Practitioner (FOCP) Preparation
he was informative, shared a lot of material to reference