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Adding KPIs and metrics section to planning & estimating document #1096

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Adding KPIs and metrics section to planning & estimating document #1096

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Adding metrics to planning and estimating
Nov 6, 2024
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14 changes: 14 additions & 0 deletions docs-mslearn/framework/quantify/planning.md
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Expand Up @@ -76,6 +76,20 @@ With these insights, you can make more accurate cost predictions and manage your

<br>

## KPIs and metrics

To ensure effective planning and estimating of workloads deployed into Azure, these metrics provide a clear and measurable framework for assessing the quality and effectiveness of planning resource usage and cost estimation efforts.

| **KPI** | **Definition** | **Formula** |
|--------------|----------------|---------|
| Standardization quality | Evaluates the criteria of planning and cost estimates to ensure alignment with stakeholders' needs and request, and secures acknowledgment for all core personas involved. | Level of completeness, clarity, and stakeholder alignment of criteria across all evaluated workloads. |
| Workload compliance | Measures whether planning and estimating is conducted for all workloads prior to deployment. | Percentage of workloads that have conducted planning and estimating prior to deployments. |
| Cost estimate accuracy | Measures the variance between the estimated costs and the actual costs of the workload. | Percentage variance between estimated costs and actual costs. |
| Estimate timeliness | Measures the turnaround time to develop or update and accurate cost estimate to provide to stakeholders. | Average time to develop a planned deployment and cost estimate. |
| Estimate scenario coverage | Measures how ganualr each plan and cost estimate is and if alternative scenarios are included, such as reliability and resiliency scenarios. | Level of granularity and number of alternate scenarios considered. |

<br>

## Learn more at the FinOps Foundation

This capability is a part of the FinOps Framework by the FinOps Foundation, a non-profit organization dedicated to advancing cloud cost management and optimization. For more information about FinOps, including useful playbooks, training and certification programs, and more, see to the [planning and estimating](https://www.finops.org/framework/capabilities/planning-estimating/) article in the FinOps Framework documentation.
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