FinOps as part of bigger governance

One of the things that FinOps practitioners need to grasp before delving deeper into the practice is how it integrates with other common methodologies and frameworks that are used in most organizations. By analyzing these synergies, we can understand how each framework can benefit from each other and how to get the most out of them.

Let’s begin with Agile methodologies, one of the staples in modern-day project management.

FinOps + Agile methodologies

As we already explained, for us (the authors), FinOps is an iterative exercise. We must begin by applying lowest hanging fruit strategies to generate value as soon as possible, and then iterate to get to more complex work, with higher maturity requirements and initiatives.

This idea is referred to by the FinOps Foundation as the crawl, walk, and run approach. It suggests that, when applying FinOps in an iterative manner, the practice will improve and get more mature as we repeat and...