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Difficulty: MediumAWS Billing and Cost Management Tools

A retail corporation wants to optimize its cloud financial management. The finance team needs to set up a system that automatically sends email notifications if forecasted monthly spend exceeds their designated limit. Additionally, they need to generate historical charts showing cost trends by service over the last 90 days. Which AWS tools should the corporation use to meet these requirements? (Select TWO)

  1. AWS BudgetsAnswer
  2. AWS Cost ExplorerAnswer
  3. C
    AWS Pricing Calculator
  4. D
    AWS Billing Conductor

Answer

AWS Budgets and AWS Cost Explorer
AWS Budgets is the correct tool for creating custom budgets and triggering alerts based on actual or forecasted cost thresholds. AWS Cost Explorer is the correct tool for visualizing historical costs, enabling users to generate graphs and identify trends over time.

Step-by-Step Solution

1
Analyze the requirement for automatic email notifications based on forecasted spend limits.
Identify that AWS Budgets supports proactive monitoring and alerting for actual or forecasted cost overruns.
AWS Budgets allows users to define custom thresholds and set up email notifications when those thresholds are breached.
2
Analyze the requirement for generating historical charts showing cost trends over the past 90 days.
Identify that AWS Cost Explorer is the default visualization tool for inspecting historical account metrics.
AWS Cost Explorer enables reactive analysis of past spend trends by filtering data over specific durations, like 90 days, and breaking it down by service.

Key Concept

Differentiating proactive cost alerting with AWS Budgets from reactive historical cost analysis and visualization with AWS Cost Explorer.
Estimated Time:1m 15s
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Topics

AWS Billing and Cost Management Tools

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