FinOps Certified Practitioner (FOCP) Exam Study Guide and Crib Sheet
Oct 02, 2022FinOps is one of the hottest areas in the Cloud Computing sector right now.
FinOps knowledge is now a must have requirement for an every increasing number of Cloud professionals as well as IT professionals.
Companies are ever challenged managing their cloud costs and need skilled professionals.
Did you know that the average salary of a FinOps professional was $115,229 as of August 2022!
Why take the The FinOps Certified Practitioner (FOCP)? This exam allows individuals in a large variety of cloud, finance and technology roles to validate their FinOps knowledge and enhance their professional credibility. The certification is designed for senior professionals who desire a basic understanding of FinOps and how it’s applied to enhance business value from cloud spend. Organizations undergoing a public cloud-first strategy or who are in the midst of a public cloud migration will also benefit greatly.
The following crib sheet will help you find the objectives information to study.
Top Courses
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TechCommanders FinOps Practitioner Crash Course (With Practice Questions)
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Linux Foundation FinOps Certification Course with Exam
Top Books
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Cloud FinOps: Collaborative, Real-Time Cloud Financial Management
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FinOps Certified Practitioner - 50 Practice Questions with Answers/Explanations
Why you may want to take the FinOps Practitioner Exam
Is FinOps Certification Worth it?
Top Reasons to take the FinOps Practitioner exam
Study Guide Crib sheet with Recommended Links
Challenge of Cloud – 8%
Understand the main challenges of working with Cloud Computing
10 major cloud computing challenges to face
7 unique challenges of Cloud Computing
3 FinOps challenges for optimizing the cloud
Main challenges of cloud financial management
Recognize the differences between Cloud and Traditional IT
Differences between cloud computing & traditional computing
Cloud Computing vs. Traditional IT Infrastructure
Traditional computing vs. Cloud Computing
What is FinOps & FinOps Principles – 12%
Define what FinOps is
What is FinOps & how can your team start optimizing?
Understand each of the FinOps Principles
FinOps foundation | FinOps principles
Cloud FinOps, Part 1: Principles
FinOps Teams & Motivation – 12%
Describe the skills, roles, and responsibilities of a FinOps Team
Organization & key roles in the FinOps world
Stakeholders of Cloud Financial Management
Describe where a FinOps team would be situated
Why every DevOps team needs a FinOps lead?
Cultural shift & the FinOps team
Understand what drives a FinOps team’s size, position, and makeup
4 reasons your cloud operations need a FinOps team
FinOps Capabilities – 28%
Understand the six pillars of FinOps Capabilities
The pillars of cloud cost optimization
Describe the activities associated with each capability
FinOps Lifecycle – 30%
Describe the FinOps lifecycle, its phases, and purpose
FinOps journey: 3 phases you need to know
The ultimate guide to FinOps phases
Understand the basic processes that FinOps teams enact in the FinOps Lifecycle
How does the FinOps process work?
Terminology & the Cloud Bill – 10%
Understand basic cloud, FinOps, DevOps & Finance terminology
Important cloud computing terms
The essential guide to cloud terminology
Common finance vocabulary terms
Describe the characteristics of the Cloud Bills
4 essential characteristics of cloud billing platforms
Overview of cloud billing concepts
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