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Difficulty: MediumAWS Billing and Cost Management Tools

A logistics optimization company wants to identify patterns and anomalies by analyzing its historical AWS cost and usage data from the past six months. Additionally, the finance team needs to receive immediate notifications if the projected monthly spend is on track to exceed a specific dollar amount. Which combination of AWS Billing and Cost Management tools should the company use to meet these requirements? (Select TWO.)

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

Answer

AWS Cost Explorer and AWS Budgets
The requirement to analyze historical costs is satisfied by AWS Cost Explorer, which provides visualization and analysis tools for past data. The requirement to receive alerts when projected costs exceed a budget is satisfied by AWS Budgets, which monitors spend and sends notifications when actual or forecasted metrics cross thresholds.

Step-by-Step Solution

1
Identify the historical analysis requirement
AWS Cost Explorer is selected because it enables visualization and analysis of historical cost and usage patterns (up to the last 12 months).
The company needs to analyze usage patterns from the past six months.
2
Identify the proactive threshold alert requirement
AWS Budgets is selected because it provides proactive monitoring and alerts based on budget thresholds and forecasts.
The company wants to receive notifications if projected costs are forecasted to exceed a specified limit.

Key Concept

Differentiating between proactive alerting tools (AWS Budgets) and historical analysis tools (AWS Cost Explorer).
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Topics

AWS Billing and Cost Management Tools

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