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Difficulty: HardAWS Billing and Cost Management Tools

A financial technology (FinTech) firm is optimizing its cloud operations. The infrastructure team must configure a mechanism to automatically notify administrators via email if the actual database spend exceeds a defined threshold of 10,00010,000 in a single month. Concurrently, the business development team needs to visualize and analyze historical cost data grouped by cost allocation tags over the past quarter to identify cost-saving opportunities. Which two AWS Billing and Cost Management tools should the firm use to satisfy these demands? (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 setting up email alerts when monthly database costs exceed a 10,00010,000 threshold, as it supports proactive monitoring. AWS Cost Explorer is the correct tool for retrospective visualization and analysis of historical costs grouped by cost allocation tags over the past quarter.

Step-by-Step Solution

1
Identify the service required to set up proactive alerts when actual database spending exceeds a specified threshold.
AWS Budgets is identified as the correct tool because it allows setting budget thresholds and sending email notifications when costs exceed these limits.
AWS Budgets is designed for proactive budget monitoring and threshold-based alerting.
2
Identify the tool required to visualize and analyze historical cost trends grouped by cost allocation tags over the past quarter.
AWS Cost Explorer is identified as the correct tool because it provides a visual interface to query, filter, and group historical cost and usage data.
AWS Cost Explorer is designed for retrospective, interactive analysis of actual historical usage and cost.

Key Concept

Differentiation between proactive billing tools (AWS Budgets) and retrospective analysis tools (AWS Cost Explorer) in AWS Billing and Cost Management.
Estimated Time:2m 0s
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Topics

AWS Billing and Cost Management Tools

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