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Cloud Cost Management: Top-Down FinOps & Context Methodologies by a Frank Contrepois (FinOps Expert) 📨 Newsletter FinOps Weekly: https://newsletter.finopsweekly.com/s... 💙 FinOps Weekly Community on Slack: https://join.slack.com/t/finopsweekly... Our FinOps Weekly Courses: https://learn.finopsweekly.com Bookmark these pages and never lose a Cloud Provider FinOps Update! AWS FinOps Updates: https://finopsweekly.com/news/aws-cos... Azure FinOps Updates: https://finopsweekly.com/news/azure-c... GCP FinOps Updates: https://finopsweekly.com/news/gcp-cos... Oracle OCI FinOps Updates: https://finopsweekly.com/news/oracle-... Stop relying on engineers to fix cloud costs without a strategic connection to your business goals. This video explores why top-down cloud cost management is the essential shift needed to align technical implementation with executive risk and financial objectives. Mastering cloud cost management requires moving beyond simple tool-driven recommendations and toward a comprehensive strategy that involves the entire organization. FinOps expert Frank Contrepois shares how to bridge the gap between engineering and the boardroom by focusing on context-driven data and strategic constraints. You will learn why the CFO views cloud spend differently than the CTO and how to use cloud cost management strategies to create a sandbox where developers can innovate without financial uncertainty. By shifting the responsibility of risk to executives and providing engineers with clear policies, your organization can achieve better cloud cost management governance. This guide covers the mechanics of financial contracts, the importance of reading company strategy reports, and why the product owner is your most important ally in implementing FinOps at scale. 00:00 Introduction 02:05 Top Down vs Bottom Up FinOps 05:54 Company Margins and Executive Power 08:21 CFO Perspectives on Cloud Uncertainty 10:16 Financial Mechanics of Reserved Instances 13:56 Designing Policies as Creative Constraints 17:50 The Importance of Context in Dashboards 24:47 Metaphor for Context the Subway Story 28:49 Reading Company Strategy Reports 35:48 Avoiding Prescriptiveness and Data Dumping 41:51 Policy Engines and the Product Owner Role 47:40 Final Advice for FinOps Practitioners Frank Resources: Protect the doers: A first-time manager’s guide to building and running a team https://amzn.to/49jKiIF https://frankcontrepois.com (articles and analysis. Paid subscriber get free access to all my dev and other artefacts) https://aws.frankcontrepois.com fun with aws pricing data https://github.com/fcontrepois and the demo (https://fcontrepois.github.io/finops-...)