Google Cloud Digital Leader Practice Exam

What approach is recommended for managing spending in multiple team environments in the cloud?

1. Define ownership for projects, and establish financial accountability for project owners.

2. Define ownership for projects, but centralize financial accountability.

3. Set a fixed cloud spend budget across all projects.

4. Centralize financial accountability, and review spending monthly.

The correct answer is: Define ownership for projects, and establish financial accountability for project owners.

The recommended approach for managing spending in multiple team environments in the cloud is to define ownership for projects and establish financial accountability for project owners. This approach empowers each team or project owner to take responsibility for their financial decisions and spending within their specific projects. When project owners have defined accountability, they are more likely to make informed decisions about resource usage, optimize costs, and adhere to budgets. This strategy aligns with best practices in cloud management, where distributed teams can operate independently while still being held accountable for their financial impacts. It fosters a culture of ownership and encourages teams to innovate and improve their efficiency, knowing that their actions directly affect their project's budget and overall performance. Other approaches, such as centralizing financial accountability or setting fixed budgets across all projects, can lead to a lack of flexibility and responsiveness, thereby stifling innovation and potentially resulting in inefficient spending practices. By decentralizing the financial responsibility while ensuring that project owners are held accountable, organizations can achieve better financial control and more effectively manage their cloud spending.