Master FinOps 101

By Four Minute Knowledge Categories: FinOps
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About Course

The Master FinOps course is your comprehensive guide to mastering Finance + DevOps (FinOps), an essential discipline for driving cost-efficient cloud management and financial accountability in modern organisations. Across three in-depth modules, this course equips learners with the skills and insights to optimise cloud spending and align financial and operational goals effectively.

Whether you’re a finance professional, IT leader, or cloud specialist, this course will help you unlock the potential of FinOps to deliver cost transparency and financial agility in the cloud era.

What Will You Learn?

  • In Module 1, you will explore the foundational concepts of FinOps, including its key distinctions from TBM (Technology Business Management) and ITFM (IT Financial Management), essential metrics, and unit economics. Learn how to adopt FinOps, overcome barriers, and prepare for success by understanding taxonomy, culture, and the FinOps framework.
  • Module 2 delves into the principles, personas, and phases of FinOps while introducing the maturity model and the four domains of FinOps capabilities. Gain a deeper understanding of the tools and strategies associated with each domain to build a robust FinOps practice.
  • Finally, in Module 3, you will discover the FinOps lifecycle, with a focus on the Inform, Optimize, and Operate phases. These practical insights will empower you to manage cloud costs proactively, optimise spending, and maintain efficient operations.

Course Content

Foundations of FinOps
Understand the fundamentals of FinOps, its unique position compared to TBM and ITFM, and the key metrics and strategies for successful adoption.

  • What is FinOps?
    04:00
  • FinOps, TBM, and ITFM
    03:00
  • What is FinOps and how does it differ from TBM and ITFM?
  • Metrics and Unit Economics in FinOps
    06:00
  • Planning for FinOps Success
  • Introduction to the FinOps Framework
    04:00
  • Barriers to FinOps
  • Adopting FinOps Quiz
  • Metrics and unit economics in FinOps Quiz
  • Introduction to the FinOps Framework
  • Barriers to FinOps Quiz

Finops Framework – Principles and Domains of FinOps
Explore the core principles, personas, phases, and maturity model of FinOps, along with an in-depth look at the four domains and their associated tools and capabilities.

The FinOps Lifecycle
Master the Inform, Optimise, and Operate phases of the FinOps lifecycle to effectively manage cloud costs and enhance operational efficiency.

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