Getting Started with FinOps on Google Cloud
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Learning Track
Google Cloud for Business
Delivery methods
On-Site, Virtual
Duration
1 day
This course is an interactive learning experience designed to provide an actionable set of steps to help your organizations implement a Cloud Financial Management (Cloud FinOps) strategy to maximize your cloud investment with Google Cloud. In this class you will walk through the five pillars of Google Cloud FinOps (Accountability and Enablement, Measurement and Realization, Cost Optimization, Planning and Forecasting, Tools and Reporting) and understand how your organization can work to implement these pillars in their own FinOps approach.
This course is aimed at decision makers and other tech-adjacent roles, but could also be taken as a first step for analysts and engineers implementing cloud FinOps leading practices in their role.
Course objectives
- Address financial governance challenges with Cloud FinOps
- Understand the five pillars of the Google Cloud FinOps operating model
- Establish cloud FinOps policies and enablement for your organization
- Drive financial accountability and value realization with defined success metrics
- Understand how to optimize costs of your utilized Google Cloud resources
- Modernize budgeting and forecasting methods
- Leverage costing tools to effectively manage and track Google Cloud spend.
Audience
- Finance and/or IT related roles responsible for optimizing organization’s cloud cost who wish to understand FinOps concepts and tasks.
Prerequisites
- Basic knowledge of cloud computing and Google Cloud technologies as discussed in the “Cloud Digital Leader” course.
Course outline
- Financial Governance Challenges
- Cloud FinOps Industry Trends
- Google Cloud FinOps Framework
- Creating a Cloud FinOps Operating Model
- Roles and Responsibilities of a Cloud FinOps Team
- Establishing Governance and Policies
- Enabling your Organization through Incentivization
- Establishing KPIs and Value Metrics
- Understanding Value vs. Cost
- Transparency through Reporting and Accountability
- Google Cloud Cost Optimization Approach
- Visibility into Resource Utilization via Tagging
- Understanding the Golden Signals
- Resource, Pricing, and Architectural Optimization
- Options for Optimizing Resource Utilization
- Budgeting and Allocation
- Forecasting Spend
- Reporting and Integration
- Google Cloud Billing Model
- Budgets and Alerts on Google Cloud
- Automated Tagging and Resource Management
- Cost Management Tools within Google Cloud
- Understand Cloud Cost Reporting
