Discover Cost and Usage Insights with AWS Products
Question
A program manager wants: 1- To get an alert when the costs are forecasted to exceed. 2- Understand the usage and cost over time, preferably via visualization to identify areas wherein savings could be done. Which AWS products should be used to cater for these requirements?
Answers
Explanations
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A. B. C. D.Answer: A.
AWS Budget: AWS Budget enables setting alerts via setting up custom budgets so that we are notified when cost and usage are forecasted to exceed or if cost and usage exceeds.
AWS Cost Explorer: AWS Cost Explorer helps analyze the usage and cost incurred over time by visualization through an easy to use interface.
AWS Savings plan: AWS Savings plan is a pricing model designed to offer up to 72% of savings to customers on compute usage of Amazon EC2, Amazon Fargate, and AWS Lambda.
AWS Organization: AWS Organization provides capabilities to centrally perform management and governance of billing, compliance adherence, security, resource sharing and access control.
Option A is CORRECT.
AWS Budget and AWS Cost Explorer should be used.
Option B is INCORRECT.
Option C is INCORRECT.
Option D is INCORRECT.
Reference:
https://aws.amazon.com/aws-cost-management/aws-budgets/ https://aws.amazon.com/aws-cost-management/aws-cost-explorer/ https://aws.amazon.com/savingsplans/ https://aws.amazon.com/organizations/faqs/The program manager wants to have visibility into AWS cost and usage to be able to control expenses and identify areas where savings could be done. To meet these requirements, two AWS products can be used: AWS Budget and AWS Cost Explorer.
AWS Budget provides a way to set custom cost and usage budgets for AWS services. It allows the program manager to set alerts for when costs are forecasted to exceed the budget. AWS Budget also provides reports to view the actual costs incurred and compare them against the budget. By using AWS Budget, the program manager can proactively monitor their AWS costs and take actions to control them.
AWS Cost Explorer provides cost and usage reports that enable program managers to visualize and analyze their AWS usage and cost over time. It provides an intuitive interface that allows program managers to identify areas where they could potentially reduce their expenses. AWS Cost Explorer allows program managers to filter data by service, account, and time period to get a comprehensive view of their AWS usage.
Therefore, the correct answer is A. AWS Budget and AWS Cost Explorer. AWS Savings Plan is not necessary for the requirements mentioned in the question. AWS Organization is used to manage multiple AWS accounts, but it does not provide cost and usage visibility.
