Pricing, Billing, And Governance Flashcards
(36 cards)
The three fundamental drivers of cost
Compute, storage, and outbound data transfer
The three free offer types
12 months, always free, and trials
What are the five ways to pay for Amazon EC2 instances?
On demand, savings plan, reserved instances, spot instances, dedicated hosts
On demand pricing for EC2 instances
Pay by the hour or by the second without pre-paying
Savings plan pricing plan for EC2 instances
Commit to compute usage measured per hour for a 1 or 3 year term
Reserved Instances pricing plan for EC2 instances 
Commit to usage for 1 or 3 years; pay regardless of usage
Spot instances pricing plan for EC2 instances
Instances only launch if spare capacity is available
Dedicated host pricing plan for EC2 instances
An entire physical server dedicated just for the client
2 ways you are charged when using Lambda?
- Number of requests
- Code execution time
- Always free (1 million requests per month)
For S3 buckets, 4 ways to pay by:
- Storage class
- Storage
- Data transfer: data transferred out of the S3 region
- Request and data retrieval: requests made for data & the amount of requests made.
What are the 8 features that drive RDS pricing?
1. Running clock hours
2. Type of database
3. Storage
4. Purchase type
5. Database count
6. API requests and calls
7. Deployment type
8. Data transfer
Total cost of ownership (TCO)
A financial estimate that helps you understand both the direct and indirect costs of AWS.
Application discovery Service
Helps you plan migration projects to the AWS cloud; is used to estimate your TCO.
3 ways to reduce your TCO using AWS
- minimize Capital expenditures
- Utilize reserved instances
- Right size your instances
The AWS pricing calculator
Estimates the cost for your architecture solution.
AWS price list API
Allows you to query the price of AWS services.
Query using JSON or HTML
Receive price alerts when prices change
AWS Budgets
Budgets allows you to set custom budgets that alert you when your costs or usage exceed your budgeted amount.
What are the three budget types?
- cost
- usage
- Reservation
Cost and usage report
A downloadable report that contains the most comprehensive set of cost and usage data.
Cost explorer
Allows you to visualize and forecast your costs and usage over time.
Cost allocation tags
Tags that can help you track spending
AWS Organizations
An AWS service that allows you to manage multiple AWS accounts under one umbrella
Three benefits of AWS Organizations
- consolidate billing
- Cost savings
- Account governance
Control tower
Helps ensure your accounts conform to company-wide policies