Question 1

What is Technology Business Management (TBM)? (Select One)

Options :

A : TBM is an engineering framework used for FinOps

B : TBM is a value management framework for cost management

C : TBM is a cost management framework for accountants

D : TBM is a value management framework for decision making.

Answer: D

Question 2

What does the term 'favorable to budget' mean?

Options :

A : There are less expenses than as planned in the budget.

B : The budget was not followed at all.

C : All expenses were cut in order to save money.

D : There are more expenses than as planned in the budget.

Answer: A

Question 3

The FinOps journey consists of three iterative phases — Inform, Optimize and Operate. Which of the following statements would be a correct description of the Inform Phase? (Select One)

Options :

A : Continuously evaluate business objectives and the metrics they are tracking against those objectives, and how they are trending.

B : Empowering organizations and teams with visibility, allocation, benchmarking, budgeting, and forecasting

C : Optimize their cloud footprint. Cloud providers offer multiple levers to optimize.

Answer: B

Question 4

Using the FinOps lifecycle allows FinOps teams to move from Crawl to Walk to Rum

Options :

A : Gradually over time by exercising the tifecycle numerous times for each capability.

B : Over three iterations of the FinOps lifecycle

C : After going through the FinOps lifecycle once for each principle

Answer: A

Question 5

What drives continuous improvement?

Options :

A : Industry peer-level benchmarking

B : Internal team benchmarking

C : Automation of resources

D : Trending and variance analysis

Answer: C

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