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Cost Management - Coggle Diagram
Cost Allocation Tag
- Use tag to resources
- It can be used as a column in reports
Tag Editor
- Help finding resources based on tag
- Use the discovery to look for the cost
AWS Support Plans
- Free/Paid plan to optimize services
- Leads to cost saving
Plans
Developer
- 7 Basic practices check
- Access to Cloud Support Associates through email in business hours
Business
- Full best practices check (and access through API)
- 24x7 phone, email, chat access to Cloud Support Associates
Enterprise
- Full best practices check (and access through API)
- 24x7 phone, email, chat access to Cloud Support Engineers
Basic
- Free for everyone
- 7 Basic practices check
AWS Service Quotas
- Monitor service usage level and warn if limit is reached
- Can be integrated with other services like CloudWatch Alarm
Savings Plan
- Get discount for long-term usage
- Around 64% ~ 72% discount for various services
S3 Saving
- Each storage class has different cost
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Compression
- Save spaces by compressing the data
Requester Pays
- User of the bucket pays for storing/transferring data
- If assumed role access the bucket, the owner of the role owe
AWS Budget
- Configure budgets and sends alarm
- Various metrics can be used: Usage, cost, reservation, saving plans
Budget Action
IAM Policy
- If budget exceeds, IAM policy can be applied to user, group, or role
SCP
- If budget exceeds, apply SCP on an OU
Instance
- If budget exceeds, Stop EC2/RDS instances
Budget Management
Centralized
- Management account set budget for member account
- If the member account exceeds the budget, then notification is sent to the Management account (SNS)
- Move appropriate actions (move the account in concern to OU with a restrictive SCP)
Decentralized
- Use automatic provisioning tool like CloudFormation
- Each account gets its own budget and appropriate actions to be taken
Cost Explore
- Visual dashboard to check usage patterns/costs
- Forecast is available up to 12 months
Compute Optimizer
- Recommend optimal usage to reduce cost/improve performance
- EC2, ASG, EBS volumnes, Lambda functions
CloudWatch Agent
- If installed to the compute instances, more metrics will be available (memory utilization, etc.)