FinOps Fundamentals

Course Description

This training provides an introduction to the fundamental principles of FinOps (Financial Operations), a collaborative framework that helps organizations manage and optimize costs associated with their cloud environments while maximizing business value. Participants will learn to balance financial, technological, and operational aspects within a cloud strategy.

Who is this course for?

The course is intended for a broad audience, including:
• Finance Professionals: To better understand and manage cloud-related costs.
• Cloud Leaders: To embed a financial strategy into their cloud practices.
• IT Managers: To collaborate with finance teams and optimize spending.
• FinOps Analysts: To start or deepen their expertise in the FinOps discipline.
• Cloud Project Managers: To effectively manage cloud budgets within their projects.

Prerequisites

Basic knowledge of information systems.

Learning Objectives

By the end of this course, participants will be able to:

• Automate FinOps processes for proactive cost management.
• Establish robust and scalable financial governance.
• Analyze financial data using dashboards.
• Apply techniques for cloud budget forecasting and planning.

Curriculum

The course curriculum is structured around several core modules:
Understand the basics of FinOps and cloud billing models

• Introduction to FinOps: key principles and lifecycle (Inform, Optimize, Operate).
• Exploration of cloud billing models (AWS, Azure, Google Cloud).
• Cost comparison: on-demand services, reserved instances, related costs.

Build and use dashboards to track costs

• Setting up cost-tracking dashboards.
• Analysis of key financial indicators (Unit Cost, Budgets, Overruns).
• Hands-on workshop: Interpreting real cloud billing reports.

Apply cloud cost optimization strategies

• Optimization techniques: right-sizing resources, removing unused resources.
• Built-in optimization tools from cloud providers.
• Case study: Optimizing the use of reserved instances and managed services.

Establish FinOps governance and collaborate effectively across teams

• Defining cost management policies and budget limits.
• Collaboration processes between technical and finance teams.
• Workshop: Develop a FinOps strategy tailored to a specific organization.

Course Highlights

• Balanced approach combining theory and practice for better concept retention.
• Expert instructors with hands-on experience in Cloud and FinOps.
• Access to online resources, live demos, and real case studies.
• Accessible to all, with content suitable for all levels.

Teaching Methods and Tools

Live demonstrations.
Real case studies with analysis of concrete solutions.
Group work and real-time sharing.
Feedback: sharing best practices and common pitfalls.

Assessment

Assessment is carried out in several ways:
MCQs to test understanding of the concepts covered.
Practical case studies to put knowledge into practice.
Continuous assessment during practical sessions.

Reference Standards

Cloud Providers' Well-Architected Framework

ISO/IEC 19086

FinOps Foundation

GDPR (General Data Protection Regulation)

NIST Cloud Computing Standards (SP 500-292)

ISO 27001 (Information Security)