AWS Financial Management for Builders

• Familiarity with core AWS services such as EC2, S3, RDS, and Lambda
• Understanding of basic financial concepts

Audience

• Cloud architects
• Developers and DevOps teams
• IT finance managers

AWS Financial Management refers to the suite of tools and practices used to manage and optimize costs within the Amazon Web Services (AWS) cloud platform.

This instructor-led, live training (online or onsite) is aimed at intermediate-level cloud architects and developers who wish to gain the knowledge and tools necessary to efficiently manage and optimize AWS costs, aligning cloud spending with business objectives.

By the end of this training, participants will be able to:

• Understand how AWS pricing works and how different services contribute to overall costs.
• Learn how to implement cost-saving measures, utilize reserved instances, and optimize resource usage.
• Develop skills to create, manage, and adhere to budgets within the AWS framework.

Format of the Course

• Interactive lecture and discussion.
• Lots of exercises and practice.
• Hands-on implementation in a live-lab environment.

Course Customization Options

• To request a customized training for this course, please contact us to arrange.

Introduction

• Overview of AWS Financial Management
• Importance of financial management in cloud computing
• Key concepts and terminology

AWS Pricing and Cost Structure

• Understanding AWS pricing models
• Cost considerations for different AWS services
• Tools for estimating AWS costs

Cost Optimization Strategies

• Identifying cost-saving opportunities
• Reserved instances and savings plans
• Right-sizing resources and autoscaling

Budgeting and Cost Allocation

• Setting up budgets in AWS
• Tracking and allocating costs
• Utilizing AWS Cost Explorer and Budgets

Implementing Governance and Compliance

• Establishing financial governance in AWS
• Implementing tagging strategies for cost allocation
• Ensuring compliance with financial policies

Billing and Reporting

• Understanding AWS billing and invoice structure
• Using AWS cost and usage reports
• Creating custom reports for stakeholders

Using AWS Tools for Financial Management

• AWS Cost Explorer
• AWS Budgets
• AWS Trusted Advisor

Case Studies and Best Practices

• Analyzing real-world scenarios
• Best practices in managing AWS costs

Advanced Topics in AWS Financial Management

• Leveraging AWS Marketplace for cost optimization
• Integrating third-party financial management tools with AWS
• Predictive cost analytics using AWS

Summary and Next Steps