Free FinOps FinOps-Certified-Engineer Exam Questions

Question 1

A FinOps team is building a custom integration to aggregate and analyze cloud spend from AWS, Azure, and GCP. They aim to create a unified dashboard for real-time cost insights across all cloud environments. The team needs to decide on the appropriate tools and configurations for data retrieval and aggregation to support both historical and real-time analysis. Which two of the following approaches should they take to ensure reliable, scalable cost data ingestion and analysis?

A : Set up AWS Lambda functions to retrieve cost data from AWS Cost Explorer API and store it in Amazon RDS for continuous historical and real-time analysis.

B : In GCP, configure the Billing Export to BigQuery for detailed cost information, then build custom SQL queries to extract real-time cost trends and export these summaries to a centralized reporting platform.

C : Leverage Amazon Athena with the AWS Cost and Usage Report (CUR) to perform SQL-based analysis on AWS costs directly, using Athena to feed this data into a centralized dashboard for cross-cloud cost analysis.

D : Use Azure Data Factory (ADF) to schedule and automate the ingestion of data from Azure Cost Management API, storing the data in a centralized data lake such as Azure Data Lake or AWS S3.

Answer: B,D

Question 2

Your organization has a significant number of underutilized virtual machines (VMs) across multiple cloud environments, resulting in unnecessary expenses. The team aims to develop an automation solution to identify and handle underutilized VMs. Which solution best balances cost optimization, compliance, and operational continuity for underutilized resources?

A : Create an automated script that identifies underutilized VMs based on specific usage metrics and tags them. These tagged VMs are terminated at the end of the month.

B : Develop a script that detects underutilized VMs based on predefined metrics, schedules them for shutdown during non-peak hours, and sends regular reports to the team for review.

C : Use a script to analyze VM utilization, downscale all VMs to the smallest instance size if they remain idle for 24 hours, and notify team members daily.

D : Write a script to automatically shut down any VM that has been idle for more than 48 hours and alert the team after termination.

Answer: B

Question 3

A media company with multiple product teams is implementing FinOps to create accountability for cloud costs across departments. Each team has varying cloud spending requirements based on project goals, leading to frequent disputes over budget allocations. To establish accountability and foster responsible spending, the company wants each team to feel ownership of their budget while aligning with organizational financial goals. Which approach would be MOST effective in achieving this?

A : Establish a chargeback model where each team is assigned a specific budget aligned with its project scope, and overages are covered by their departmental budget.

B : Assign each team a flat percentage of the total cloud budget, regardless of project scope, and require monthly reports on spending.

C : Implement a showback model that provides teams with detailed visibility into their cloud spending but does not hold them accountable for overages.

D : Set up a pooled budget for all teams and let them request additional funds from the finance department when they exceed the allocated amount.

Answer: A

Question 4