Maximize Your Cloud Savings with AWS Cost Management Tools: Essential Use Cases for Cloud Practitioners

What can a Cloud Practitioner do with the AWS Cost Management tools? (Select TWO.)

As an AWS Cloud Practitioner, you can leverage AWS Cost Management tools to effectively manage your cloud costs and optimize your spending

As an AWS Cloud Practitioner, you can leverage AWS Cost Management tools to effectively manage your cloud costs and optimize your spending. Here are two essential use cases for these tools:

1. Cost Visualization and Analysis: The AWS Cost Explorer allows you to visualize, analyze, and understand your cloud spending patterns. With this tool, you can explore your costs at various dimensions like service, region, tag, or resource. You can view your cost trends over time, identify cost outliers, and drill down into specific cost categories to gain insights. This helps you understand where your resources are consuming the most cost and make informed decisions based on the data.

2. Cost Optimization: AWS provides several features and services to help you optimize your cloud costs. The AWS Cost Explorer includes budgeting tools that enable you to set cost and usage budgets for your AWS accounts. You can receive budget alerts through Amazon Simple Notification Service (SNS) when you reach predefined thresholds. Additionally, AWS Trusted Advisor provides cost optimization recommendations based on best practices, such as identifying idle resources, right-sizing instances, and leveraging cost-effective purchase options like Reserved Instances.

By utilizing these AWS Cost Management tools, a Cloud Practitioner can gain visibility into their cloud spending, identify cost-saving opportunities, and implement strategies to optimize their overall costs. This enables them to make informed decisions, maintain control over their cloud expenses, and maximize the value they derive from AWS services.

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