FinOps Team and Culture

Question 1

FinOps Teams Two Primary Actions

Answer 1

Push Accountability Through the Organization
Centralized Rate & Discount Optimization

Question 2

True or false: there is one and only one way to build a finops team

Answer 2

False

Question 3

This role is the most common for FinOps teams to report to

Answer 3

CTO

Question 4

Name the four common team types

Answer 4

Part-time team member(s) with other job roles

Dedicated central team

Fully matrixed organization

“Hub and spoke” model

Question 5

This happens to team sizes as maturity develops

Answer 5

grows

Question 6

Building and maintaining this is essential for fostering the healthy working relationships underpinning the successful execution of FinOps Capabilities

Answer 6

Trust

Question 7

To build trust and foster strong relationships, FinOps practitioners should focus on five key areas of behavior

Answer 7

Communication
accentuating positives
consistency in action
openness and honesty
keeping commitments

Question 8

Some examples of how a FinOps teams member can help establish trust through doing things for someone you’ve asked to look at an optimization opportunity

Answer 8

Can you do this part of the request to reduce the lift and effort on my end?
Can you get the preapprovals needed from the business?
Can this change request be put into our change request template?
Can you vet these recommendations and pick only ones that are material enough?