An effective FinOps program requires accountability, visibility, and processes and procedures that enable sound governance.
To implement FinOps effectively, organizations must change their culture and their way of working. Such a project can be a heavy lift.
Organizations may be tempted to tackle this as a “big bang” waterfall-style project. But it’s more effective and less risky to take an iterative approach where the organization proceeds through a process loop multiple times to reach the “end state” of an effective FinOps program.
The approach would look something like the image on the right: