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
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