FinOps & Cloud Cost Engineering

FinOps is the practice of bringing financial accountability to cloud spending. Engineering, Finance, and Business collaborate to understand and optimize cloud costs without sacrificing performance or speed.

When to Activate

• Cloud costs are growing faster than engineering output
• No visibility into which team/service/feature drives cost
• Setting up Infracost in CI/CD pipelines for Terraform cost diffs
• Configuring OpenCost for Kubernetes cost attribution
• Designing a tagging taxonomy for cost allocation
• Rightsizing over-provisioned compute or storage
• Identifying and eliminating cloud waste (idle resources, orphaned disks)
• Preparing a FinOps audit or cost review presentation

FinOps Framework (FinOps Foundation)

Three Phases