SAP-C02 Question 121
Select 4Your company runs a multi-account AWS environment using AWS Organizations. The finance team has reported challenges in tracking cloud spending across accounts and services. Additionally, your team has been tasked with identifying cost-saving opportunities while maintaining visibility into cost data. Which combination of actions should you take to address these requirements?
- A
Enable AWS Cost Explorer and configure cost allocation tags to track spending by project.
- B
Set up an organizational-level AWS Budgets policy to monitor spending across all accounts.
- C
Use Amazon CloudWatch to track application-level costs and send alerts when costs exceed thresholds.
- D
Create an AWS Cost and Usage Report (CUR) and store it in an S3 bucket for detailed cost analysis.
- E
Implement Reserved Instances (RIs) or Savings Plans for long-running workloads.
Show answer and explanation
Correct answers: A, B, D, E
Explanation
To effectively address the challenges of cost visibility and optimization, you need to use tools like AWS Cost Explorer and cost allocation tags for tracking, AWS Budgets for monitoring spending, and the AWS Cost and Usage Report for detailed analysis. Additionally, using Reserved Instances or Savings Plans can help optimize costs for predictable workloads. Amazon CloudWatch is not a tool designed for cost tracking or optimization, so it is not a correct choice.
- A. Correct.
Enabling AWS Cost Explorer and configuring cost allocation tags allows you to categorize and track costs by specific projects, teams, or business units. This is crucial for visibility into spending.
- B. Correct.
Setting up an organizational-level AWS Budgets policy helps track and monitor spending across all accounts in the organization, ensuring cost control and visibility.
- C. Incorrect.
Amazon CloudWatch is primarily used for monitoring performance and operational metrics, not for detailed cost tracking or optimization.
- D. Correct.
Creating an AWS Cost and Usage Report (CUR) provides detailed, granular cost data, which can be used for in-depth analysis and reporting.
- E. Correct.
Implementing Reserved Instances (RIs) or Savings Plans is a cost optimization strategy that provides significant discounts for predictable, long-running workloads.