Which solution will meet these requirements?
Use cost allocation tags on AWS resources to label owners. Create usage budgets in AWS Budgets. Add an alert threshold to receive notification when spending exceeds 60% of the budget.
Use AWS Cost Explorer forecasts to determine resource owners. Use AWS Cost Anomaly Detection to create alert threshold notifications when spending exceeds 60% of the budget.
Use cost allocation tags on AWS resources to label owners. Use AWS Support API on AWS Trusted Advisor to create alert threshold notifications when spending exceeds 60% of the budget.
Use AWS Cost Explorer forecasts to determine resource owners. Create usage budgets in AWS Budgets. Add an alert threshold to receive notification when spending exceeds 60% of the budget.
Explanations:
Cost allocation tags allow the company to label AWS resources by department, facilitating tracking of costs. AWS Budgets can then be set up to create alerts when spending reaches 60% of the budget, ensuring accountability and timely notifications for the CFO.
While AWS Cost Explorer can help analyze spending trends and resource usage, it does not directly provide accountability for each department. AWS Cost Anomaly Detection is designed to identify unusual spending patterns rather than setting specific budget thresholds for notifications.
Cost allocation tags can label owners, but the AWS Support API and AWS Trusted Advisor do not offer budget threshold notifications. Trusted Advisor focuses on resource optimization and best practices rather than budget tracking or alerting.
AWS Cost Explorer forecasts help understand spending trends but do not assign accountability for costs to departments. AWS Budgets can be used to create alerts, but without the use of cost allocation tags, the solution does not fully address the CFO’s concern about accountability for each department.
From what I’ve heard, the answer is:
Use cost allocation tags on AWS resources to label owners. Create usage budgets in AWS Budgets. Add an alert threshold to receive notification when spending exceeds 60% of the budget.