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Level 100: Cost and Usage Governance
Last Updated
July 2021
Authors
- Nathan Besh, Cost Lead Well-Architected
Contributor
- Cy Hopkins, Enterprise Solutions Architect
Feedback
If you wish to provide feedback on this lab, there is an error, or you want to make a suggestion, please email: costoptimization@amazon.com
Introduction
This hands-on lab will guide you through the steps to implement cost and usage governance. The skills you learn will help you control your cost and usage in alignment with your business requirements.
Goals
- Implement AWS Budgets to notify on usage and spend
- Create an AWS Budget report to notify users every week on budget status
Prerequisites
- A small amount of usage in your account, less than $5 to trigger the budget
- AWS Account Setup has been completed
Permissions required
- Access to the Cost Optimization team created in AWS Account Setup
Costs
- https://aws.amazon.com/aws-cost-management/pricing/
- Less than $1 per month if the tear down is not performed
Time to complete
- The lab should take approximately 15 minutes to complete
Steps:
- Create and implement an AWS Budget for monthly forecasted cost
- Create and Implement an AWS Budget for EC2 Actual Cost
- Create and implement an AWS Budget for EC2 Savings Plan coverage
- Create and implement an AWS Budget Report
- Tear down