Cost-Aware Processes
Implement cost awareness in your organizational processes: Cost awareness must be implemented in new and existing organizational processes. It is recommended to re-use and modify existing processes where possible—this minimizes the impact to agility and velocity. The following recommendations will help implement cost awareness in your workload:
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Ensure that change management includes a cost measurement to quantify the financial impact of your changes. This helps pro-actively address cost-related concerns and highlight cost savings.
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Ensure that cost optimization is a core component of your operating capabilities. For example, you can leverage existing incident management processes to investigate and identify root cause for cost and usage anomalies (cost overages).
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Accelerate cost savings and business value realization through automation or tooling. When thinking about the cost of implementing, frame the conversation to include an ROI component to justify the investment of time or money.
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Extend existing training and development programs to include cost aware training throughout your organization. It is recommended that this includes continuous training and certification. This will build an organization that is capable of self-managing cost and usage.
Report and notify on cost and usage
optimization: You must regularly report on cost and
usage optimization within your organization. You can implement
dedicated sessions to cost optimization, or include cost
optimization in your regular operational reporting cycles for your
workloads.
AWS Cost Explorer
You can also use
Amazon QuickSight
Implement notifications on cost and usage to ensure that changes
in cost and usage can be acted upon quickly.
AWS
Budgets
Monitor cost and usage proactively: It is recommended to monitor cost and usage proactively within your organization, not just when there are exceptions or anomalies. Highly visible dashboards throughout your office or work environment ensure that key people have access to the information they need, and indicate the organization’s focus on cost optimization. Visible dashboards enable you to actively promote successful outcomes and implement them throughout your organization.