Organizational agility is the ability of a company to quickly adapt to changing market and environmental conditions in a profitable and efficient way. Cloud computing can facilitate organizational agility by providing rapid provisioning of IT resources, scalability, flexibility, and cost-effectiveness. One of the benefits of cloud computing is reduced time to market, which means that a company can launch new products or services faster and more efficiently than its competitors. This can give the company a competitive edge and increase customer satisfaction. Reduced time to market is a characteristic of cloud computing that enables organizational agility, not a result of it. Therefore, it is the correct answer. References: Cloud Computing as a Drive for Strategic Agility in Organizations, How cloud computing can drive business agility, Agility on Cloud - A Vital Part of Cloud Computing

Before initiating the project, the first step should be to identify the key stakeholders. The key stakeholders are the individuals or groups who have an interest or influence in the outcome of the project. They may include internal or external parties, such as executives, managers, employees, customers, suppliers, regulators, or partners1. Identifying the key stakeholders is important for several reasons, such as:

• Aligning the project goals and expectations: The key stakeholders can help to define the vision, scope, objectives, and requirements of the project. They can also provide feedback and approval throughout the project lifecycle. By involving the key stakeholders from the start, the project team can ensure that the project meets the needs and expectations of the stakeholders and delivers the desired value2.
• Securing the project resources and support: The key stakeholders can help to allocate the necessary resources and support for the project, such as budget, time, personnel, equipment, or data. They can also help to resolve any issues or conflicts that may arise during the project. By engaging the key stakeholders from the start, the project team can ensure that the project has the adequate resources and support to succeed3.
• Managing the project risks and changes: The key stakeholders can help to identify and mitigate the potential risks and changes that may affect the project, such as technical, operational, legal, or regulatory challenges. They can also help to communicate and implement the changes to the relevant parties. By collaborating with the key stakeholders from the start, the project team can ensure that the project adapts to the changing environment and minimizes the negative impacts4.

The other options are not as suitable as identifying the key stakeholders for the first step of the project because:

• The required network performance: The required network performance is the level of quality and speed that the network needs to provide for the cloud application. The required network performance is an important factor to consider for the project, but it is not the first step. The required network performance depends on the type, size, and location of the cloud application, which are determined by the key stakeholders’ input5.
• The desired CSP: The desired CSP is the cloud service provider that offers the cloud services and infrastructure for the cloud application. The desired CSP is an important factor to consider for the project, but it is not the first step. The desired CSP depends on the features, benefits, and pricing of the cloud services and infrastructure, which are evaluated by the key stakeholders’ criteria.
• The required cloud services: The required cloud services are the cloud-based resources and capabilities that the cloud application needs to function. The required cloud services are an important factor to consider for the project, but they are not the first step. The required cloud services depend on the functionality, scalability, and security of the cloud application, which are defined by the key stakeholders’ requirements.
• The required amount of storage: The required amount of storage is the amount of disk space that the cloud application needs to store its data. The required amount of storage is an important factor to consider for the project, but it is not the first step. The required amount of storage depends on the volume, variety, and velocity of the data, which are influenced by the key stakeholders’ expectations.

References:

• 1: What is a Stakeholder? - Project Management Institute
• 2: How to Identify Project Stakeholders - Smartsheet
• 3: How to Engage Stakeholders in Your Project - Clarizen
• 4: How to Manage Stakeholder Risk and Change - ProjectManager.com
• 5: Network Performance Requirements for Cloud Migration - Riverbed
• : How to Choose a Cloud Service Provider - IBM Cloud
• : Cloud Services: Types, Benefits, and Challenges - BMC Blogs
• : Cloud Storage: What It Is and How to Use It - Lifewire

 Hosting the application in the cloud means that the company does not need to invest in building and maintaining an infrastructure to host the application on premises. This reduces the company’s capital expense, which is the money spent on acquiring or upgrading fixed assets, such as servers, storage, network, and software1. Instead, the company can pay for the cloud services that they use on a subscription or consumption basis, which is considered an operating expense, which is the money spent on the day-to-day running of the business1. Hosting the application in the cloud can also provide other financial benefits, such as lower energy costs, higher scalability, and faster time to market2.

The other options are not correct, as they do not describe the financial impact of hosting the application in the cloud accurately. The company will not be able to defer licensing costs, as they will still need to pay for the software licenses that they use in the cloud, either as part of the cloud service fee or separately3. The provider will not share responsibility for the company’s monthly bill, as the company will be solely responsible for paying for the cloud services that they consume, based on the provider’s pricing model and terms of service4. Monthly operating costs will not remain constant despite usage, as the cloud services are typically charged based on the amount of resources or features that the company uses, such as storage, bandwidth, CPU, memory, or transactions4. Therefore, the monthly operating costs will vary depending on the usage and demand of the application. References: Capital Expenditure (CapEx) Definition; Cloud Computing Benefits: 7 Key Advantages for Your Business; Cloud Computing Licensing: What You Need to Know; Cloud Computing Pricing Models: A Comprehensive Guide.

 A proof of value (POV) is a method of testing a cloud solution before fully adopting it, to ensure that it meets the company’s operations and business processes. A POV can help a company avoid failure of a cloud project by validating the feasibility, functionality, and benefits of the cloud solution, and identifying any gaps or issues that need to be resolved. A POV can also help a company compare different cloud solutions and select the best one for their needs. A POV is different from a proof of concept (POC), which is a more technical demonstration of the cloud solution’s capabilities and performance. References: CompTIA Cloud Essentials+ Certification Study Guide, Second Edition (Exam CLO-002), Chapter 3: Cloud Planning, Section 3.2: Cloud Adoption, Subsection 3.2.2: Proof of Value1

 Disposable resources are cloud resources that are not needed for the long-term operation of an application or service, and can be easily created and deleted on-demand. Examples of disposable resources include temporary storage, spot instances, and disposable virtual machines. Disposable resources can help to reduce costs and improve flexibility, but they also incur charges when they are in use or attached to other resources. Therefore, when a company decommissioned its testing environment, it should detach and delete disposable resources first to avoid charges12

Emptying the logging directory is not the best option to avoid charges, because logging directory is a folder that stores the records of events and activities that occur in an application or service. Logging directory can help to monitor and troubleshoot the performance and issues of the application or service, but it does not directly affect the charges of the cloud resources. Emptying the logging directory may also result in the loss of valuable information and insights that can be used for future improvement or analysis.

Deleting infrastructure as code templates is not the best option to avoid charges, because infrastructure as code templates are files that define and configure the cloud resources using code or scripts. Infrastructure as code templates can help to automate and standardize the deployment and management of the cloud resources, but they do not directly affect the charges of the cloud resources. Deleting infrastructure as code templates may also make it harder to recreate or modify the cloud resources in the future.

Disabling alerts and alarms is not the best option to avoid charges, because alerts and alarms are notifications that are triggered by certain conditions or thresholds that are set for the cloud resources. Alerts and alarms can help to notify and respond to the changes or issues of the cloud resources, but they do not directly affect the charges of the cloud resources. Disabling alerts and alarms may also make it difficult to detect and resolve any problems or anomalies that may occur in the cloud resources.

References: 1: https://docs.microsoft.com/en-us/azure/virtual-machines/disposable-vm  2: https://www.comptia.org/training/books/cloud-essentials-clo-002-study-guide, page 46

SaaS stands for Software as a Service, which is a cloud computing model that provides ready-to-use software applications over the internet, such as CRM, email, or office suites. SaaS is the most appropriate cloud computing model for a startup company that wants to use a CRM application to manage its sales and support organizations, and does not have any IT staff. SaaS offers the following benefits for the company:

• SaaS does not require any installation, maintenance, or update of the software, as the cloud provider handles all the technical aspects of the service. The company can access the software through a web browser or a mobile app, without worrying about the underlying infrastructure, platform, or software.
• SaaS is scalable, flexible, and cost-effective, as the company can adjust the number of users or features of the software according to its needs and budget. The company only pays for what it uses, and can avoid the upfront costs of purchasing or licensing the software.
• SaaS is reliable, secure, and compliant, as the cloud provider ensures the availability, backup, and recovery of the software, as well as the protection of the data and the adherence to the relevant standards and regulations.

References: CompTIA Cloud Essentials+ Certification Exam Objectives1, CompTIA Cloud Essentials+ Study Guide, Chapter 3: Cloud Service and Delivery Models2, Cloud Essentials+ Certification Training3

Geo-redundancy is the strategy of sending copies of data to a distant region from the original cloud storage location. This provides protection against regional disasters or outages that might affect the primary data center. A CSR (cloud service provider) is a third-party company that offers cloud-based services such as storage, computing, networking, or software. A company that uses a CSR to store its data in a geo-redundant manner is leveraging the benefits of cloud computing, such as scalability, availability, and cost-effectiveness. References: CompTIA Cloud Essentials+ CLO-002 Study Guide, page 103; CompTIA Cloud Storage Requirements- What You Need to Know