AWS Flash - Cloud Financial Management: FinOps fundamentals & strategies (Part 1)

The course covers the foundational knowledge of AWS Cloud Financial Management (CFM) solutions, designed for a range of technical personas from FinOps Practitioners to IT Managers. It begins by introducing the four pillars of AWS CFM - See, Save, Plan, and Run - which enable finance, product, technology, and business organizations to manage, optimize, and plan costs as they grow their usage and scale on AWS. The course explains the AWS consumption-based model and outlines key design principles for cost optimization, such as embracing a consumption-based mindset and stopping spending on undifferentiated heavy lifting. Throughout the course, the content aims to enable practitioners to effectively leverage the AWS CFM framework and solutions to plan, manage, and optimize their cloud spend, ultimately driving cost-conscious decision-making and accelerating business value realization.

• Course level: Fundamental
• Duration: 60 minutes

Activities

On-demand, self service training, videos, and knowledge checks.

Course objectives

In this course, you'll learn:

• Define the four pillars of AWS Cloud Financial Management
• Identify AWS services to create plans, budgets and forecasts
• Identify the different AWS Services to perform different reporting and visualization tasks
• Explain the AWS consumption model
• Identify the different AWS Services to create CFM governance

Target audience

This course is aimed at: Account/Sales Manager, Alliance Lead, Business User, Decision Maker, Project/Program/Delivery Manager, Cloud Operator, DevOps Engineer, Infrastructure Engineer, Architect.

Requisites

None. While not required, having some hands-on experience with AWS services and building cloud-based applications would be beneficial for getting the most out of this course.

Course outline

How to Use This Course

Introduction

The Basics of CFM

Cloud Migration Evaluation & Business Value

Cost Forecasting & Budgeting

Cost Reporting and Visualization

Cost Governance

Getting Help

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