From the course: Complete Guide to the AWS Well-Architected Framework

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Monitor cost and usage

Monitor cost and usage - Amazon Web Services (AWS) Tutorial

From the course: Complete Guide to the AWS Well-Architected Framework

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Monitor cost and usage

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- [Instructor] In order to know what our costs are and what our usage of our applications is on an hourly basis, daily basis, monthly basis, we have to establish the workload metrics for the applications that we want to manage our costs for. We want to look at the workload itself, the log files, the scaling, the amount of storage, the amount of compute, gather all of this information. And looking at the costs, we can gather this information. And the most important thing about gathering the types of costs is the identification of the applications, which can be done with tags. Most services allow you to create up to 50 tags per component. So EBS drive, compute instance, whatever you build, you will have an ability of tagging it, S3 buckets, and you can create those tags with whatever information that makes sense to you for the team, the organization, how long the application should run, the developers, whatever makes sense when we're looking at a cost factor and then determining, oh…

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