AWS Billing and Governance Flashcards by Mfana Conco

What are the 3 fundamental drivers of cost?

Compute: hourly from launch to termination
Storage: data store in the cloud
Outbound data transfer: Data in flight moving between systems

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What are the 3 different types of free offers available?

12 months Free: 12months’s free usage following your intitial signup date to AWS.
Always Free: Offers do not expire and are available to all AWS customers.
Trials: Short-term free trials starting from the date you activate a particual service

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What are the 5 EC2 Pricing model?

On-demand - you pay by the hour or by the second without pre-paying
Savings plan - Commit to compute usage measured per hour for 1-3 year term
Reserved instances - Commit to usefor 1 or 3 years pay regardlless of usage
Spot instances - instances only launch if spare capacity is available
Dedicated hosts - an entire phytsical server just for you

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What is the AWS Lambda Pricing Model?

Number of Requests: Includes test invokes from console
Code execution time: From execution start in response to events to stop
Always Free: 1 million requests per month

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What is the AWS S3 Pricing Model?

Storage class: the type of storage choosen
Storage: Number and size of objects
Data transfer: Data transferred out of S3 Region
Request and data Retrieval: requests made for data and amount of requests

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What is RDS Pricing Model?

Running clock hours
Type of database
Storage
Purchase type
Database count
API requests
Deployment type
Data transfer

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What is Total Cost of Ownership (TCO)?

TCO is a financial estimate that helps you understand both the direct and indirect costs of AWS.

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What is Application Discovery Service?

Application Discovery Service helps you plan migration projects to the AWS Cloud.

Plan migration projects
Used to estimate TCO
Works with other service to migrate servers

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Ways to Reduce Your TCO Using AWS?

Minimize capital expenditures: AWS helps you to minimize large capital expenditures, which reduces TCO
Utilize reserved instances: AWS provides Rserved Instances to help you lock in savings and reduce TCO
Right size tour reqources: AWS helps you to match the provisioning of resources to your usage needs to reduce TCO

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What is Amazon Budgets?

Amazon Budgets allows you to set custom budgets that alert you when your costs or usage exceed your budgeted amount.

Improve planning and cost control
Cost, usage, and reservation budgets
Budgets alerts

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Whar are the 3 Budget Types?

Cost budgets: Plan on how much you want to spend on a service
Usage Budgets: Plan on how much you want use on one or more services
Reservation Budgets: Set RIs or Savings plans utilization or covergage targets

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What is Cost and Usage Report?

The Cost and Usage Report contains the most comprehensive set of cost and usage data.

Downloadable detailed and comprehensive report
Lists usage for each service category
Aggregate usage data on a daily, hourly, or monthly level

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Cost and Usage Report in the Real World?

The Cost and Usage Report gives you the ability to do a deep dive into your AWS cost and usage data. Once set up, you can download the report using the Amazon S3 console.

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What Amazon Cost Explorer?

Cost Explorer allows you to visualize and forecast your costs and usage over time.

Visualize costs over time
View past 12 months
Forecast for up to 3 months

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Cost Explorer in the Real World?

If you are considering your options for Savings Plans, AWS Cost Explorer can analyze your EC2 usage over the past 7, 30, or 60 days.

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What is Amazon Organizations?

Amazon Organizations allows you to centrally manage multiple AWS accounts under one umbrella.

Group multiple accounts
Single payment for all accounts
Automate account creation
Allocate resources and apply policies across accounts

What are the benefits of Amazon Organisations?

Consolidated Billing: The advantage of consolidated billing is that you receive one bill for multiple accounts.
Cost Savings: You’ll receive volume discounts since usage is combined across accounts.
Account Governance:You have a quick and automated way to create accounts or invite existing accounts.

What is Amazon Organizations in the Real World usecase?

Amazon Organizations allows you to save money using Reserved Instance (RI) sharing. RI sharing allows all accounts in the organization to receive the hourly cost-benefit of RIs purchased by any other account. You can always turn off RI sharing using the master payer (or root) organization.

What is Amazon Control Tower?

Amazon Control Tower helps you ensure your accounts conform to company-wide policies.

Helps set up new accounts using a multi-account strategy
Works directly with AWS Organizations
Enforces the best use of services across accounts
Provides a dashboard to manage accounts

What is Amazon Control Tower in the Real World?

Amazon Control Tower allows you to govern your multi-account environment by enabling cross-account security audits or preventing or detecting security issues through mandatory or optional guardrails.

What is Amazon Systems Manager?

Amazon Systems Manager gives you visibility and control over your AWS resources.

Automate operational tasks on your resources
Group resources and take action
Patch and run commands on multiple EC2 instances or manage RDS instances

What is Amazon Systems Manager in the Real World?

Amazon Systems Manager allows you to auto-patch software running on EC2 instances according to a schedule.

What is AWS Trusted Advisor?

AWS Trusted Advisor provides real-time guidance to help you provision your resources following AWS best practices.

Checks your account and makes recommendations
Helps you see service limits
Helps you understand best practices

What are AWS Trusted Advisor popular recommendations?

Checks for unrestricted access for specific ports on EC2 instances (Free)
Checks S3 bucket permissions to determine if public access(Free)
Checks for multi-factor authentication (MFA) on root account (Free)
Checks IAM password policy
Checks for RDS public snapshots (Free)
Checks for service usage greater than 80% over service limit
Checks for exposed access keys
Checks for CloudFront content delivery optimization

What is Amazon Trusted Advisor in the Real World?

Amazon Trusted Advisor helps reduce your overall costs by monitoring service limits.

What is AWS Managed Services?

AWS Managed Services helps you efficiently operate your AWS infrastructure.

Augments your internal staff
Provides ongoing management of your infrastructure
Reduces operational risks and overhead

What is AWS Professional Services?

AWS Professional Services helps enterprise customers move to a cloud-based operating model.

Proposes solutions
Architects solutions
Implements solutions

What is AWS Partner Network (APN)?

APN is a global community of approved partners that offer software solutions and consulting services for AWS.

Offers technology partners that provide software solutions
Provides consulting partners that offer professional services
Find approved vendors with deep AWS expertise

What is AWS Marketplace?

AWS Marketplace is a digital catalog of prebuilt solutions you can purchase or license. You may also sell your own solutions to others via Marketplace.

What is AWS Marketplace in the Real World?

Some products listed on Marketplace offer free trials. The free trial allows you to try the software before you buy it.

What is 4 Types of Support Plans Offered by AWS?

Basic (Free) - Basic support is included for free for all AWS accounts.
Developer ($29): Developer support is $29 a month and is recommended for testing and development.
Business (Starts $100): recommended for production workloads
Enterprise (Starts at $15,000): for business or mission-critical production work loads.