#1454 Add FinOps to FMIT change request pending
FMIT lacks reference to Cloud Financial Operations, cost optimization, and resource attribution.
Many elements of Cloud Financial Operations (FinOps) is covered under FMIT and other areas.
However, the FMIT section does not refer to or recognize FinOps as a Financial function in any way. There is considerable reference to Accounting terms and training, but no mention of FinOps at all. The FMIT section should be updated to refer to FinOps and, perhaps, the FinOps foundation, their training (finops.org), and FinOps certifications (FinOps Certified Practitioner and FinOps Certified Professional).
Additionally, FMIT does not mention cost optimization, particularly relevant for cloud deployments where numerous techniques can be employed to manage and reduce cost (resource scheduling, committed-use discounts/reservations, right-sizing,
Finally, FMIT makes no mention of Attributing resources (and therefore cost) to specific business units for cost management, reporting and chargeback. This could be part of FMIT or, perhaps, included in Asset Management (ASMG).
Proposed change applies to Financial management
Current status of this request: pending