SAA-C03 Question 396
Select 2A company wants to monitor its monthly AWS spending and ensure it does not exceed a defined budget. The team also wants to visualize historical cost trends and forecast future spending based on past usage patterns. Which combination of AWS cost management tools should the company use?
- A
AWS Budgets to set spending thresholds and get alerts if spending exceeds the budget
- B
AWS Cost Explorer to analyze historical spending and forecast future costs
- C
AWS Trusted Advisor to identify cost optimization opportunities
- D
AWS Cost and Usage Report to provide granular cost and usage data for detailed analysis
- E
AWS Savings Plans to automatically reduce costs for specific workloads
Show answer and explanation
Correct answers: A, B
Explanation
In this scenario, the company needs to both monitor its spending against a budget and analyze past costs to forecast future expenses. AWS Budgets is the appropriate tool for setting spending thresholds and receiving alerts, while AWS Cost Explorer provides the necessary visualization and forecasting capabilities. Together, these tools fulfill the company's requirements effectively.
- A. Correct.
AWS Budgets is specifically designed to help users set custom spending thresholds and receive alerts when spending exceeds the defined budget, which aligns with the company's need to monitor and control costs.
- B. Correct.
AWS Cost Explorer allows users to analyze historical costs and usage and provides forecasting capabilities, making it suitable for visualizing trends and predicting future spending.
- C. Incorrect.
While AWS Trusted Advisor offers cost optimization recommendations, it does not provide budget alerts or historical cost analysis, so it is not a suitable tool in this scenario.
- D. Incorrect.
AWS Cost and Usage Report is a detailed tool for granular data analysis, but it does not offer the visualization or forecasting tools required in the scenario.
- E. Incorrect.
AWS Savings Plans is a pricing model to reduce costs for certain workloads, but it does not address the requirements for monitoring budgets or visualizing historical spending.