Question

Difficulty: EasyAWS Billing and Cost Management Tools

A retail company planning to launch a new e-commerce application needs to estimate the monthly infrastructure cost before deploying any resources. Additionally, the finance department requires a mechanism to receive email notifications if their actual monthly spend exceeds a set limit. Which of the following AWS tools should the company select to address these needs? (Select TWO.)

  1. AWS Pricing CalculatorAnswer
  2. AWS BudgetsAnswer
  3. C
    AWS Cost Explorer
  4. D
    AWS Billing Conductor

Answer

The correct tools are AWS Pricing Calculator and AWS Budgets.
The correct tools are AWS Pricing Calculator and AWS Budgets. AWS Pricing Calculator is used to estimate the costs of AWS services before deployment. AWS Budgets is used to set custom cost thresholds and receive proactive alerts if actual or forecasted costs exceed those thresholds.

Step-by-Step Solution

1
Identify the AWS tool designed to model and estimate service costs prior to launch.
AWS Pricing Calculator
AWS Pricing Calculator allows users to estimate costs for planned configurations before active deployment.
2
Identify the AWS tool that enables proactive alerts when actual costs exceed configured limits.
AWS Budgets
AWS Budgets allows users to define custom thresholds and trigger alert notifications when those thresholds are crossed.
3
Verify and eliminate incorrect options.
AWS Cost Explorer and AWS Billing Conductor are eliminated.
AWS Cost Explorer is used for analyzing historical/past costs. AWS Billing Conductor is used for managing custom billing parameters and showback rules for accounts, not for individual workload cost planning or threshold alerting.

Key Concept

AWS Billing and Cost Management Tools
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