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Learn AWS > AWS Cost Managment > Flashcards

AWS Cost Managment Flashcards

1
Q

What is CapEx?

A

Is there money is spend on a long term asset. Like hardware, laptop, servers, etc.

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2
Q

What is OpEx?

A

Where money is spent on an ongoing expense. Like power, internet, etc.

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3
Q

What is the downside of CapEx?

A

It is hard to predict how an asset such a service will be used, under or over capacity over the depreciation of the asset.

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4
Q

What is TOC?

A

It is too hard and soft costs, everything.

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5
Q

What is the ROI?

A

For a given input, it is the return on the input.

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6
Q

What are cost allocation tags used for?

A

You enable cost allocation tags in the master billing account and after enabling AWS applies the tags to the resources you create.

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7
Q

I have several teams in my orgnization, how can I track the resources used by each team and their projects?

A

You need to use the tagging of resources so resources can easily be easily identified.

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8
Q

I wnat to receive AWS account invoice by email, how can I do this>

A

In account management, you can opt to have invoice send by email in PDF format.

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9
Q

I wnat to receive billing reports once or more a day, how can I do this?

A

In account management, you have the option to enable the delivery of billing reports, these will be delivered once or more times a day.

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10
Q

[Seems legacy] I have a cost tagging in place on my resources, I am not seeing these tags appear in my billing reports pushed to S3, what do I need to do?

A

You need to add the tags you wnat to see in the report, this is an option on the console.

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11
Q

How can I get access to detailed billing reports for my account?

A
  • ## Detailed Billing Reports [Legacy], this pushes the reports to S3, you can opt to include tags.
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12
Q

What is a budget used for?

A

It is used to set a cost, usage, reservation budget thet if what you use goes above you can get alerted by email, SNN, etc.

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13
Q

What type of budgets can you have?

A
  • Cost
  • Usage
  • Reservation
  • Saving plan
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14
Q

I wnat to have budget planing, how can I do this?

A

You can use budgets -> Cost and there is an option to have ‘Planing’ type budgets, planing type budgets are more complex in you set per month.

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15
Q

I wnat to set a budget and get an alert but I wnat to do have different thresholds for each month as my workload changes depending on the month, how cna I do this?

A

Under budgets -> Cost there is an option to use budget planning.

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16
Q

I wnat to get alerted when the cost of just my EC2 instances for ProjectX goes over $20 a month, how cna I do this?

A

Setup a budget -> Cost and set it to fixed at $20, now we have to filter, we filter on tags to just get projects and also on EC2.

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17
Q

When using budgets can I select the services I wnat to have budget alerted on?

A

Yes, in budgets you get to select one or more services.

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18
Q

When using budgets can I select the resources with tag X that I wnat to have budget alerted on?

A

Yes, this is an option, you can enter/select one or more tags.

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19
Q

I wnat to set budgets by region, how cna I do this?

A

In budgets, you select one or more regions.

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20
Q

When using budgets what notification can I get?

A
  • Email

- SNS: From SNS you can push notifications anywhere.

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21
Q

Are budgets free?

A

First 2 are, then each budget is 0.02 per day or 0.60 pe-month.

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22
Q

What are budge reports?

A

You can create and send daily, weekly, or monthly reports to monitor the performance of your AWS Budgets.

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23
Q

[Legacy] What is enable detailed billing report with resources and tags?

A

Reports have been generated will have resource tags included.

24
Q

Consolidated billing was part of const management, where did it move to?

A

Moved to orgnization.

25
Q

What are the advantages of consolidated billing?

A
  • Shared reservation across accounts

- Discounts on the accounts aggregate

26
Q

I need to send a report to my box each day on cost and usage, how cna I do this?

A

Use AWS Cost and Usage Reports in the cost management. This feature will enable you to create a daily report and have it emailed to your boss.

27
Q

I wnat to analyze my cost and usage reports, how can I do this?

A

You have several options,

  • Send report data to Athena, this will be saved to S3 and you can then run queries over it.
  • Send
28
Q

When creating a cost and usage report where I have selected to use Athena, where is data stored and what config do I need?

A

When you select to use Athena, you must configure an S3 bucket, you will also need a role to all cost management to write to S3.

29
Q

When using cost and usage reporting, how often can I have reports generated?

A

Every hour or daily

30
Q

Where are cost and usage reports saved?

A

S3

31
Q

When using cost and usage report generation and where I select to use Athena integration, what is the file format?

A
  • PARQUET
32
Q

What integration options when using cost and usage reporting?

A

You can use,

  • Athena
  • RedShift
  • Quicksight
33
Q

I wnat to add my orgnization internal groups to my cost reports so I have a better understanding of cost per group, I also want to add project and have it on my cost reports, how can I do this?

A

You can enable cost allocation tags, this will enable both AWS and User tags, user tags then need to be added to each resource in the project, in this case, something like,
- GroupID
- ProjectID
One of these tags are select to be included in the report, these will start to show up on cost-related reports.

34
Q

When you enable cost management tags, are all user tags automatically enables?

A

No, you have

35
Q

What are cost allocation tags?

A

Cost allocation tags are used to help manage resource costs. You add the tags to your resources, like a projected ID, group ID and then you can group based on these costs.

36
Q

How can I identify an AWS cost allocation?

A

It will begin like aws: here is one taken from the console,

aws:cloudformation:stack-id

37
Q

I wnat to visualize my costs over the past 60days, what is the quickest option?

A

Use AWS cost explores thet is part of cost management, here you can run pre-canned reports like, past 60days.

38
Q

I want to visualize my costs over the past 60days, what is the quickest option?

A

Use AWS cost explores thet is part of cost management, here you can run pre-canned reports like past 60days.

39
Q

How can I easily analyze my cost and generate ad-hoc CSV files?

A

Use AWS cost explorer, her you can run analysis and visualize, reports and save CSV files.

40
Q

In cost management what functions/areas do I have?

A
  • Cost explorer
  • Budgets
  • Budget reports
  • Savings plans
  • Cost and usage reports
  • Cost categories
  • Cost allocation tags
41
Q

What is Cost explorer used for?

A

With cost explorer, you cna visualize cots, visualize and save reports.

42
Q

What are cost allocation tags used for?

A

Cost allocation tags are used for cost management, they are like normal resource tags but with a defined purpose. There are two types of cost allocation tags, user and aws types tags. User tags are tags created by use and tags created by aws are the aws tags. These tags can be enabled to show up on cost reports.

43
Q

I wnat to have better flexibility than using RI and save on the cost by making a commitment, is there a more flexible way then RI?

A

Yes, compute savings plans enable you to have more flexibility in you can use you commit to saying $10 an hour and you are free to use it anywhere. You get the discount on the $10 and after the $10 you pay on-demand pricing.

44
Q

Can I use my saving plans on fargate?

A

Yes

45
Q

What types of saving plans is there?

A
  • EC2 Instance savings plans are the same as standard RI)

- Compute savings plans, you cna use your saving plans anywhere

46
Q

Explain an EC2 savings plan?

A

It is the same as a RI, you can use it in the same instance family and region and you get up to 72% discount.

47
Q

Explain Compute savings plan?

A

You make a commitment of say $10 and you can use it anywhere, any region or instance size.

48
Q

I have an orgnization with 10 accounts and I know I will use $2K per month in complete ove the next 3 years, I know I will be moving workloads around regions in these accounts, how cna I get max saving in AWS?

A

Use the Compute saving plan with a $2K commitment and you are free to use compute resources in any account, andy region and any instance size.

49
Q

Can you enable cost explorer is it enables by default?

A

By default cost explorer is disabled. The payer (master) account can enable Cost Explorer at a root level, automatically enabling all linked (member) accounts.

50
Q

How do I restrict access to cost explorer?

A

Using IAM.

51
Q

In an orgnization who has access to see cost related reports and management for all accounts?

A

This means the master account has access to view and manged costs and reports (cost management) for both the master account and all of the linked accounts.

52
Q

How cna you grant permissions to org member accounts to see there own costs?

A

Grant all member accounts the permission to see the costs for their own member account, refunds, credits, and RI recommendations.

53
Q

Can member accounts of an org see there own account information?

A

Yes but not by default, the master account has to grant permissions.

54
Q

Can member accounts see costs, refunds, and RI for other accounts?

A

No.

55
Q

How cna I control who has access to Cost Information after I enable cost explorer in my master account?

A

After enabling cost explorer you cna using IAM to manage users access in the master account. You cna alos enable s users in other accounts to access to JUST! there own account information.

56
Q

How does business support plans enable better cost management?

A

The ‘Developer’ support plan has only 7 core checks for Trusted adviser, the Business plan has all the checks and this means trusted adviser can be used to identify cost-related issues.

57
Q

In relation to EC2 what should we be doing to ensure costs are managed?

A

We should be,

- Using autoscaling groups

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