AWS Cost Management Tools

AWS Budgets

• Sets predefined spending limits

• Provides notifications for spending thresholds

• Monitoring capabilities:

  • Cost tracking

  • Usage tracking

  • Reserved Instance utilization

• Helps distribute cost awareness across organization

Consolidated Billing

• Single payer account for multiple accounts

• Benefits:

  • Economies of scale

  • Tiered pricing advantages

  • Higher aggregate billing

Example: S3 Storage Cost Optimization

1. Individual Billing Scenario:

   • Three accounts with 50 TB each

   • Total cost: $3,450

2. Consolidated Billing Scenario:

   • Combined 150 TB storage

   • Total cost: $3,350

   • Savings through tiered pricing

   • Additional negotiation leverage with AWS

AWS Trusted Advisor

• Automated resource checks

• Cost optimization recommendations

• Features:

  • Reserved Instance recommendations

  • Resource utilization analysis

• Access levels:

  • Core checks: Available to all

  • Extended checks: Business/Enterprise support plans only