Inform Phase

Question 1

Describe Inform Phase

Answer 1

In the Inform phase, we create and use the tags/labels, account hierarchy and other taxonomy to allocate all costs to get a near-real-time view of our current cloud usage.

Question 2

The Inform phase supports the principles:

Answer 2

• Everyone takes ownership of their cloud usage
• FinOps reports should be accessible and timely

Question 3

During the Inform phase, we’re looking to see:

Answer 3

• What are we using and spending?
• Is it what we expected?
• What value is it creating?
• Who is responsible for its effective use?

Question 4

The majority of the capabilities we will use to accomplish the Inform phase are in the domains:

Answer 4

• Understanding Cloud Usage & Cost
• Real-Time Decision Making
• Performance Tracking & Benchmarking