Create Budgets in Oracle Cloud Infrastructure Console

DE.

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In Oracle Cloud Infrastructure (OCI), you can set up budgets to track your spending and receive alerts when your spending reaches certain thresholds. To create a budget, you need to specify a target for the budget, which is the entity or entities that the budget will apply to.

The valid targets for creating a budget in OCI are:

B. Tenancy: This option creates a budget that applies to all the resources in your OCI tenancy, regardless of the compartments or cost-tracking tags they are associated with. Choosing Tenancy as the target is useful when you want to monitor the spending of your entire OCI account.

D. Cost-Tracking Tags: This option creates a budget that applies to all resources with a specific cost-tracking tag. Cost-tracking tags are key-value pairs that you can assign to your resources to help you organize and manage your spending. Choosing Cost-Tracking Tags as the target is useful when you want to monitor the spending of a specific group of resources that share the same tag.

The other options listed in the question are not valid targets for creating a budget:

A. Group: There is no option to create a budget for a group in OCI.

C. User: There is no option to create a budget for a user in OCI.

E. Compartment: Although you can create budgets for individual compartments in OCI, selecting Compartment as the target for your budget is not a valid option. When you create a budget for a compartment, that budget applies only to the resources in that compartment and its child compartments. If you want to create a budget that applies to multiple compartments, you can create a budget for the tenancy and then use filters to narrow down the resources that the budget applies to.