FinOps Practice
Why it matters, how an engagement runs, the principles, the roles, the monthly rhythm and the lessons learned.
From surprise bills to owned costs
The five problems customers bring most often, and what changes once a FinOps practice runs.
The journey to a FinOps practice
Four steps with a gate after each. One sample plan NGT proposed: about 2, 3 and 7 months.
- 01Assess
- Rates and spending trends
- Account hierarchy and tagging
- Workload usage
- Pain points, outcomes, gaps
- 02Plan and propose
- Form a FinOps team
- Strategy and roadmap
- Environments in scope
- 03Pilot
- An MVP on the scoped environments
- Measure what it changed
- 04Launch and optimise
- FinOps across the organisation
- Forecasting and cost analytics
- Training and knowledge sharing
- Continuous optimisation
Principles we work to
NGT follows the FinOps Foundation's principles; this is how each shows up in our work.
Who does what in a FinOps practice
NGT can run the FinOps team first and hand it over through training; the owners' role never moves.
- Explain workloads, peaks, constraints
- Analyse rates, trends, hierarchy, tags, usage
- List pain points and gaps
- Billing exports, cost explorers, pricing APIs
- No role yet: first findings checked by hand
- Agree targets, scope, budget owners
- Form the FinOps team
- Tagging standard and roadmap
- Budgets and dashboards configured
- Apply agreed actions in scoped environments
- Run the MVP: dashboards, alerts, estimates in pipelines
- Cost estimate on every plan
- Threshold alerts
- Saving suggestions drafted from billing and configuration; owners decide
- Act on alerts and recommendations
- Monthly rate and trend reviews
- Training and knowledge sharing
- Anomaly detection
- Realised-savings tracking
- Suggestions refreshed as usage changes
The rhythm of a FinOps practice
Most of the work happens in small moments; the reviews make sure it adds up.
| When | What happens | Who |
|---|---|---|
| Every change | Cost estimate on the plan; approval above the threshold | Engineer and approver |
| As it happens | Budget threshold and anomaly alerts | Workload owner |
| Monthly | Rates and trends; savings from potential to realised; actions agreed | FinOps team, owners and finance |
| Yearly | Commitments renewed, budgets planned, rates reviewed | Finance and the FinOps team |
Lessons learned in cost work
What cost assessments and optimisation in FPT Software programmes have taught, and how NGT applies it.
Questions about running FinOps
The questions this part raises, and their answers.
A small central team drives it: standards, dashboards and the monthly review. Workload owners own their usage and make the changes.
NGT can play the central role at the start and hand it over to your team through training.
