FSICOST16: Are you continuously assessing the ongoing costs and usage of your cloud implementations?

There is a process to examine existing cloud spend, and identify cost optimization opportunities using manual analysis, or the use of tools (AWS Billing and Cost Management and AWS Cost Management tools, AWS Partner tools, open-source tools, or DIY tools). As your requirements change, be aggressive in decommissioning resources, components, and workloads that you no longer require.

FSICOST16-BP01 Use AWS cost management tools to perform retrospective, audit-based cost optimization on existing cloud workloads

There is a process to examine existing cloud spend, and identify cost optimization opportunities using manual analysis, or the use of tools (AWS Billing and Cost Management and Cost Management tools, AWS Partner tools, open-source tools, or DIY tools). Cost optimization opportunities are identified, prioritized, and implemented in a continuous, programmatic manner, ensuring all cloud workloads run as lean as possible while meeting all functional and non-functional requirements.