Weak Points: AWS Cost Management
Why do many startup companies prefer AWS over traditional on-premises solutions? (Choose TWO)
1. Reduce time to market 2. Replace CapEx with low variable costs
A company is migrating production workloads to AWS, and they are concerned about cost management across different departments. Which option should the company implement to categorize and track AWS spending?
Apply cost allocation tags to segment AWS costs by different projects and departments
A company is trying to analyze the costs applied to their AWS account recently. Which of the following provides them the most granular data about their AWS costs and usage?
Cost & Usage Report
What does AWS Cost Explorer provide to help manage your spend?
Highly accurate cost forecasts up to 12 months ahead
Which of the following should be taken into account when performing a TCO analysis regarding the costs of running an application on AWS VS on-premises? (Choose TWO)
1. Labor and IT costs 2. Cooling and power consumption
A startup company is operating on limited funds and is extremely concerned about cost overruns. Which of the below options can be used to notify the company when their monthly AWS bill exceeds $2000? (Choose TWO)
1. Set up a CloudWatch billing alarm that triggers an SNS Notification when the threshold is exceeded. 2. Configure the AWS Budgets service to alert the company when the threshold is exceeded.
Which of the following helps a customer view the Amazon EC2 billing activity for the past month?
AWS Cost & Usage Report
How can you view the distribution of AWS spending in one of your AWS accounts?
By using AWS Cost Explorer
What is the AWS tool that can help a company visualize their AWS spending in the last few months?
Cost Explorer
How can AWS customers track and avoid over-spending on underutilized reserved instances?
Customers can use the AWS Budgets service to track the reserved instances usage and set up alert notifications when their utilization drops below the threshold they define.
Which of the following should be considered when performing a TCO analysis to compare the costs of running an application on AWS instead of on-premises?
Physical hardware
A company is planning to use Amazon S3 and Amazon CloudFront to distribute its video courses globally. What tool can the company use to estimate the costs of these services?
Pricing calculator
Which of the following is one of the benefits of moving infrastructure from an on-premises data center to AWS?
Reduced Capital Expenditure
What kind of reports does AWS Cost Explorer provide by default?
Reports about the utilization of EC2 Reserved Instances
A company is migrating its on-premises database to Amazon RDS. What should the company do to ensure Amazon RDS costs are kept to a minimum?
Right size before and after migration
Which of the following will help AWS customers save on costs when migrating their workloads to AWS?
Using existing third party software licenses on AWS
Which of the following strategies help analyze costs in AWS?
Using tags to group resources
You have migrated your application to AWS recently. How can you view the AWS costs applied to your account?
Using the AWS Cost & Usage Report
