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AWS Cost Management Tools (Cost Explorer) Crash Course

Name: AWS Cost Management Tools (Cost Explorer) Crash Course
Rating: 4.3 (760 reviews)

Learn everything about AWS Cost Explorer, Cloud Financial Management and Reserved Instance/Savings Plan

Created byJimmy Chim

Last updated 1/2021

English

What you'll learn

Analyze AWS cloud cost and usage with AWS Cost Explorer
Visualize trends with appropriate filters, grouping and chart types
Create reports to answer specific cloud spend questions
Build budget, forecasts and alerts for cost, usage and reservations
Manage Reserved Instances (RI) and Savings Plan (SP)
Solve real life problems based on demos and case studies

Course content

5 sections • 28 lectures • 1h 58m total length

Welcome to the Course!2:12
You will learn about your instructor, the learning objectives, and the course structure.
Cost Explorer Overview7:48
You will learn the basic of the Cost Explorer user interface.
Unblended Cost vs Amortized Cost0:10
Articulate the differences between unblended vs amortized cost.

Case Study 1 - Prepare An Executive Cost Summary6:58
You will learn how to prepare an executive AWS cost summary by services in the last 12 months.
Case Study 2 - Forecast AWS Cost for the Next 3 Months6:19
You will learn how to forecast your AWS cost in the future periods
Case Study 3 - Identify Daily Cost Fluctuations5:27
You will learn how to analyze and identify daily cost fluctuations and understand drivers for any cost spikes.
Case Study 4 - Analyze EC2 Cost and Usage by Instance Type5:47
You will learn how to analyze EC2 cost and usage by EC2 instance type.
Case Study 5 - Break Down "EC2-Other" Cost3:25
You will learn how to break down EC2-Other costs outside of compute instance cost.
The EC2-Other category includes multiple service-related usage types, tracking costs associated Amazon EBS volumes and snapshots, elastic IP addresses, NAT gateways, data transfer, and more.
These EC2-specific service categories can help you quickly move between the totality of your EC2 footprint and dive into some of the supplemental usage aspects that benefit from a closer look (for example, EBS snapshot costs).
Case Study 6 - Illustrate Cost Seasonality by Region2:33
You will learn how to illustrate cost seasonality by different AWS regions
Case Study 7 - Isolate Cost of Resources with Tags4:51
You will learn how tags work and how to identify costs of resources with particular tags using the proper filters in Cost Explorer
Case Studies 1 - 7 Review

RI/SP Section Intro0:49
You will learn the objectives of this section focused on Reserved Instances and Savings Plan.
Refresher - AWS Pricing Models2:10
You will get a refresher on the various AWS pricing models (on demand, reserved instances, savings plan etc.)
Supplemental Reading - AWS Pricing Model Whitepaper0:03
You will learn more about AWS Pricing Models with the the attached official AWS white paper.
Case Study 8 - Analyze EC2 Spend by Purchase Option8:28
You will learn how to summarize your EC2 compute instance spend by on-demand, reserved, savings plans, and do a quick calculation on how much savings you may realize by reserving your on-demand usage.
Case Study 9 - RI and SP Coverage and Utilization11:35
You will learn how to analyze Reserved Instance and Savings Plan coverage and utilization.
Case Study 10 - Interpret RI recommendations6:18
You will learn how to interpret RI recommendations provided by Cost Explorer.
Case Study 11 - Purchase RI and SP7:29
You will learn how to buy an EC2 RI, an RDS RI and Savings Plan.
Optional Lesson 1: How to Look Up AWS Pricing?4:15
(Optional Lesson) You will learn how to look up pricing for AWS services, focused on EC2.
Optional Lesson 2: RI/SP Discount Variation Deep Dive4:20
(Optional Lesson) You will learn approximately how much more/less discounts you will get by the type of Reserved Instance/Savings Plan you choose to commit to.
Optional Lesson 3: Compare RI vs SP Technical Differences8:44
(Optional Lesson) You will compare and contrast the technical differences between various RI and Savings Plan options.
Optional Reading - Reserved Instances vs Savings Plans Strategies
You will enhance your understanding of RI and Savings with these optional reading materials

Budget Section Intro0:41
You will learn about the objectives of this section focused on budgets.
Budget Overview2:24
You will go through an overview of the AWS budget tool.
Case Study 12 - Set up a Cost Budget7:18
You will learn how to set up a Cost Budget.
Case Study 13 - Create a Usage Budget (Data Transfer)1:58
You will learn how to set up a Usage Budget (using data transfer usage as an example)
Case Study 14 - Automatic Alerts for Low Savings Plan Utilization3:43
You will learn to set up automated alerts for low savings plan utilization.
Subscribe to Summary Budget Reports1:58
You will learn how to set up automated budget reports that will be sent to your inbox on a regular basis.

Requirements

Have access to your AWS account(s), including access to Cost Explorer
Have a basic understanding of AWS services and pricing principles

Description

In this course, you will learn everything you need to know about Cost Explorer, the native AWS cost management tool.

By the end of the course, you will be able to:

- Analyze AWS cloud cost and usage with AWS Cost Explorer

- Visualize trends with appropriate filters, grouping and chart types

- Build budget, forecasts and alerts for cost, usage and reservations

- Manage Reserved Instances (RI) and Savings Plans (SP)

- Create reports to answer specific cloud spend questions

- Solve real life problems based on demos and case studies

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Why should I take this course?

Is your company using AWS? Do you need to understand how cloud cost impact your product and business?

My name is Jimmy, welcome to this AWS Cost Explorer Crash Course. I built this course based on my years of real life cloud financial management experience.

More and more companies build their products on AWS, but most people have a really hard time understanding how to analyze cloud spend.

If your company uses AWS and you are in engineering, finance, operation or product, at some point you will need to know how to see, analyze and manage your cloud cost.

Cost Explorer is a free, native AWS tool available to anyone with an AWS account, but figuring how to use it properly can be tricky.

Throughout the course, there will be additional reading materials and quizzes to augment your learning. This class will save you many hours figuring out the tool on your own.

If this sounds good to you, enroll in the course, and I look forward to seeing you there!

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Who this course is for:

Engineering / technical managers who need visibility into AWS cost and usage
Finance / operation managers who need to manage and analyze AWS cloud cost
Product managers who need to know how much their products cost on AWS
Business managers who have financial ownership at a company using AWS

AWS Cost Management Tools (Cost Explorer) Crash Course

What you'll learn

Explore related topics

Course content

Introduction3 lectures • 10min

Case Studies - Common Cost Explorer Scenarios7 lectures • 35min

Reserved Instances (RI) and Savings Plans (SP)11 lectures • 54min

Create and Manage budgets6 lectures • 18min

Wrap up1 lecture • 1min

Requirements

Description

Who this course is for: